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| Author: | Gelabert, L. Fosfuri, A. Tribo, J.A. |
| Title: | Does the effect of public support for R&D depend on the degree of appropriability? |
| Journal: | Journal of Industrial Economics
2009 : DEC, VOL. 57:4, p. 736-767 |
| Index terms: | r&d industrial economics surveys Spain |
| Language: | eng |
| Abstract: | The interaction between public support for R&D and appropriability is investigated using a dataset of the Spanish Community Innovation Survey, for the years 20002005. We find public support policy less able to stimulate privately financed internal R&D in firms with more effective appropriability mechanisms. On average, the public support impact for R&D is three times larger for those firms reporting a level of appropriability below the median compared to firms with appropriability above the median level. Moreover, for supported firms with the highest degree of appropriability, crowding out cannot be ruled out. |
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