R&D subsidies and the performance of high-tech start-ups

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• 作者：Massimo G. Colombo^a ; Luca Grilli ; ^a ; ^{luca.grilli@polimi.it"" rel=""nofollow} ; Samuele Murtinu^a
• 关键词：R& ; D subsidies ; High-tech entrepreneurship ; TFP
• 刊名：Economics Letters
• 出版年：2011
• 出版时间：July 2011
• 年：2011
• 卷：112
• 期：1
• 页码：97-99
• 全文大小：180 K

文摘

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.