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

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.

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Year of publication:	2011
Authors:	Colombo, Massimo G. ; Grilli, Luca ; Murtinu, Samuele
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 112.2011, 1, p. 97-99
Publisher:	Elsevier
Subject:	R&D subsidies High-tech entrepreneurship TFP

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009146124