This paper evaluates the impact of an R&D subsidy program implemented in a region of northern Italy on innovation by … beneficiary firms. In order to verify whether the subsidies enabled firms to increase patenting activity, we exploit the mechanism … used to allot the funds. Since only projects that scored above a certain threshold received the subsidy, we use a sharp …

Building on a standard policy evaluation literature mainly aimed at estimating the additional effect of subsidies on … either firms' innovative expenditures or innovative outputs only, this paper tries to move one step further, combining the … simultaneity between subsidy allocation and the qualitative composition of the innovative output, as well as the endogeneity of …

highest for independent high-tech firms. The indirect effect of subsidies on R&D output is evaluated within a patent …-tech sectors. Therefore, the effect of subsidies on both R&D input and R&D output is compared between independent high-tech young …

this paper we exploit a novel dataset of patent applications filed in Germany between 1995-2005, which allows us to … identify if a patent application stems from a subsidized project or not. We use a variety of patent indicators to elucidate to … what extent successful subsidized and non-subsidized R&D projects within the same firm differ. Results show that patent …

Public agencies provide subsidies for small and medium sized businesses (SMEs) to foster their development in terms of … long-term effects of subsidies on SME growth. Relying on a unique dataset of actual SMEs we provide a means of evaluating … whether subsidies lead to the expected positive long-term effects. We apply a specifically designed 3-stage-effects-model (3 …

negative effects on overall welfare, depending on the subsidy specifics. However, subsidies do not influence cooperative …The effects of public subsidies in supporting private innovative activity is subject to longstanding political and … allocating subsidies are compared to a benchmark treatment without subsidies to identify their effects in fostering …