This paper aims at evaluating the impacts of innovation promotion programs administrated by the Colombian Innovation … and that the main channel behind this result is product diversification (product innovation). …

The paper investigates the relationship between government interventions to promote investments in innovation and firms …

This paper aims at evaluating the impacts of innovation promotion programs administrated by the Colombian Innovation … and that the main channel behind this result is product diversification (product innovation). …

partially crowded-out private investments in innovation and they more effectively promoted technological upgrades and process …, although FONTEC increased the overall R&D budget of the firms, it did not stimulate additional private investment in innovation … activities. In terms of behavioral additionality, FONTEC effectively promoted process innovation and induced changes in the …

classified as either support for process innovation or support for product innovation. Although these types of programs do not … difference in differences were combined. The study found that by supporting both process and product innovation … product innovation activities. …

Although knowledge spillovers are at the core of the innovation policy's justification, they have never been properly …