The Effects of Federal Research and Development Subsidies on Firm Commercialization Behavior

被引：12
作者：
Smith, Daniel [1 ,2 ]
机构：
[1] Univ N Carolina, Abernethy Hall,CB 3435, Chapel Hill, NC 27599 USA
[2] North Carolina Dept Commerce, 301 N Wilmington St, Raleigh, NC 27601 USA
来源：
RESEARCH POLICY | 2020年 / 49卷 / 07期
关键词：
Commercialization; R&D; Innovation; Subsidy; ABSORPTIVE-CAPACITY; PRODUCT INNOVATION; SAMPLE SELECTION; GOVERNMENT; IMPACT; GROWTH; BIOTECHNOLOGY; DETERMINANTS; COOPERATION; PERFORMANCE;
D O I：
10.1016/j.respol.2020.104003
中图分类号：
C93 [管理学];
学科分类号：
12 ; 1201 ; 1202 ; 120202 ;
摘要：
This paper assesses the longer term (up to 14 years) causal impact of federal research and development (R&D) subsidies on firms' commercialization behavior. The data are for small firms which applied to the 1998-2000 Advanced Technology Program (ATP) competitions. A variant of the research design pioneered by Heckman (1979) allows for selection bias to be controlled for. Commercialization behavior is operationalized as the number of new product announcements related to the technology a firm mentions in its ATP proposal(s). The major finding is that receiving an ATP award has a positive and significant causal impact on a firm's commercialization behavior.
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页数：8
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