Benavente, José Miguel; Crespi, Gustavo; Maffioli, … - Inter-American Development Bank - 2007
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 …