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R&D subsidies and the performance of high-tech start-ups
被引:110
作者:
Colombo, Massimo G.
[1
]
Grilli, Luca
[1
]
Murtinu, Samuele
[1
]
机构:
[1] Politecn Milan, Dept Econ & Ind Engn, I-20133 Milan, Italy
关键词:
R&D subsidies;
High-tech entrepreneurship;
TFP;
PRODUCTIVITY;
GOVERNMENT;
D O I:
10.1016/j.econlet.2011.03.007
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
This paper addresses the question of the efficacy of R&D policy measures in support of high-tech start-ups. We show that subsidies awarded on a competitive basis lead to a positive effect, while those assigned through an automatic procedure do not. (C) 2011 Elsevier B.V. All rights reserved.
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页码:97 / 99
页数:3
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