Public support to firm-level innovation : an evaluation of the FONTAR program

Mariano Pereira, Julián Martínez Correa, Gabriel Scattolo

This paper studies the impact of non-refundable grants (NRG) of the Argentinean Technological Fund (FONTAR) on firms’ innovative efforts and performance. We use a panel database of 954 firms that applied for public support to innovate during the period 2007-2013. Using a difference-in-differences approach, our results show that the NRG have a positive effect on firms’ innovative intensity, considering both the innovation activities to sales ratio and R&D to sales ratio. These remain robust to alternative definitions of control group and the outcome variable. Analysis of heterogeneous effects reveals that the impact was exclusively concentrated on small and young firms.

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Alternative title:	Apoyo público a la innovación de las firmas : una evaluación del FONTAR
Year of publication:	December 2018
Authors:	Pereira, Mariano ; Martínez Correa, Julián ; Scattolo, Gabriel
Subject:	Innovation \| impact evaluation \| Argentina \| Argentinien \| Wirkungsanalyse \| Impact assessment \| Technologiepolitik \| Technology policy \| Bewertung \| Evaluation \| Industrieforschung \| Industrial research

Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Notes:	Zusammenfassung in spanischer Sprache
Other identifiers:	hdl:10419/194268 [Handle]
Classification:	O32 - Management of Technological Innovation and R&D ; C23 - Models with Panel Data
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011982573