Incorporating innovation subsidies in the CDM framework: empirical evidence from Belgium

被引：20

作者：

Czarnitzki, Dirk ^{[1
,2
,3
]}

Delanote, Julie ^{[1
,2
]}

机构：

[1] Katholieke Univ Leuven, Dept Managerial Econ Strategy & Innovat, Leuven, Belgium

[2] Katholieke Univ Leuven, Ctr R&D Monitoring ECOOM, Leuven, Belgium

[3] ZEW, Mannheim, Germany

来源：

ECONOMICS OF INNOVATION AND NEW TECHNOLOGY | 2017年 / 26卷 / 1-2期

关键词：

CDM model; R&D; subsidies; innovation policy; RESEARCH-AND-DEVELOPMENT; PUBLIC SUBSIDIES; FIRM LEVEL; PRODUCTIVITY; GOVERNMENT; STIMULATE; GROWTH; OUTPUT;

D O I：

10.1080/10438599.2016.1202514

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper integrates innovation input and output effects of R&D subsidies into a modified Crpon-Duguet-Mairesse (CDM) model. Our results largely confirm insights of the input additionality literature, i.e. public subsidies complement private R&D investment. In addition, results point to positive output effects of both purely privately funded and subsidy-induced R&D. Furthermore, we do not find evidence of a premium or discount of subsidy-induced R&D in terms of its marginal contribution on new product sales when compared to purely privately financed R&D.

引用

页码：78 / 92

页数：15

共 37 条

[1] The effects of public R&D subsidies on firms' innovation activities: The case of Eastern Germany [J].