The impact of hard and soft policy measures on new technology-based firms

被引：20
作者：
Ramaciotti, Laura [1 ]
Muscio, Alessandro [2 ]
Rizzo, Ugo [1 ]
机构：
[1] Univ Ferrara, Dept Econ & Management, Ferrara, Italy
[2] Univ Foggia, Dipartimento Sci Agr Alimenti & Ambiente SAFE, Foggia, Italy
来源：
REGIONAL STUDIES | 2017年 / 51卷 / 04期
关键词：
new technology-based firms; start-up; regional policy; entrepreneurship policy; soft measures; Emilia-Romagna; TECH START-UPS; INNOVATION POLICY; ENTREPRENEURSHIP; GROWTH; SURVIVAL; SUPPORT; PERFORMANCE; COMPANIES; INVESTMENT; EDUCATION;
D O I：
10.1080/00343404.2016.1255319
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The impact of hard and soft policy measures on new technology-based firms. Regional Studies. Entrepreneurship policies in support of new technology-based firms fall into two main categories of intervention: hard measures (financial-type support such as loans and grants) and soft measures (counselling and business advice services). This study investigates the association between hard and soft support measures delivered to entrepreneurs, and the performance of the subsequently constituted new technology-based firms. The empirical framework analyses the outcomes of the Spinner Programme -a regional policy measure implemented in the Italian region of Emilia-Romagna during 2000-06. The analysis finds that soft measures are positively related to a higher probability of exiting the market and to higher sales growth. The results also show that the magnitude of the effect of soft measures on growth is greater than the effect of hard measures.
引用
收藏
页码：629 / 642
页数：14
相关论文
共 82 条
[1]   Growth of new technology-based firms: Which factors matter? [J].
Almus, M ;
Nerlinger, EA .
SMALL BUSINESS ECONOMICS, 1999, 13 (02) :141-154
[2]  
[Anonymous], 2005, SURVIVAL ANAL
[3]  
[Anonymous], 1993, Making Democracy Work: s. Civic Traditions in Modern Italy, DOI DOI 10.2307/J.CTT7-8R7
[4]   Regional Innovation Policy and Innovative Behaviour: Looking for Additional Effects [J].
Antonioli, Davide ;
Marzucchi, Alberto ;
Montresor, Sandro .
EUROPEAN PLANNING STUDIES, 2014, 22 (01) :64-83
[5]   Does the knowledge spillover theory of entrepreneurship hold for regions? [J].
Audretsch, DB ;
Lehmann, EE .
RESEARCH POLICY, 2005, 34 (08) :1191-1202
[6]  
Audretsch DB, 2007, ELGAR ORIG REF, P1
[7]  
Baptista R, 2015, INT STUD ENTREP, V31, P1, DOI 10.1007/978-3-319-12871-9
[8]   Comparative analysis of firm demographics and survival: evidence from micro-level sources in OECD countries [J].
Bartelsman, E ;
Scarpetta, S ;
Schivardi, F .
INDUSTRIAL AND CORPORATE CHANGE, 2005, 14 (03) :365-391
[9]   ENTREPRENEUR HUMAN-CAPITAL INPUTS AND SMALL BUSINESS LONGEVITY [J].
BATES, T .
REVIEW OF ECONOMICS AND STATISTICS, 1990, 72 (04) :551-559
[10]   Venture capital financing and the growth of high-tech start-ups: Disentangling treatment from selection effects [J].
Bertoni, Fabio ;
Colombo, Massimo G. ;
Grilli, Luca .
RESEARCH POLICY, 2011, 40 (07) :1028-1043
123456789