R&D Subsidies and the Performance of High-Tech Start-Ups

We address the key question of the efficacy of R&D policy measures in support of hightech start-ups. Distinguishing between subsidies awarded on a competitive basis and those assigned through an automatic procedure, we show that the former type led to a positive total factor productivity increase of Italian recipient firms, while the latter did not

Year of publication:	2014
Authors:	Colombo, Massimo G.
Other Persons:	Grilli, Luca (contributor) ; Murtinu, Samuele (contributor)
Publisher:	[2014]: [S.l.] : SSRN
Subject:	Subvention \| Subsidy \| Unternehmensgründung \| Business start-up \| Hochtechnologie \| High technology \| Unternehmenserfolg \| Firm performance

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