TY - JOUR
T1 - Does the effect of public support for r & d depend on the degree of appropriability?
AU - Gelabert, Liliana
AU - Fosfuri, Andrea
AU - TribÓ, Josep A.
PY - 2009/12
Y1 - 2009/12
N2 - We explore the interaction between public support for R & D and appropriability using a dataset constructed from the Spanish Community Innovation Survey, for the period 2000-2005. We find that public support policy is less able to stimulate privately financed internal R & D in firms where appropriability mechanisms are more effective. On average, the effect of public support for R & D is three times larger for those firms reporting a level of appropriability below the median vis-à-vis those firms for which appropriability is above the median level. Furthermore, for supported firms with the highest degree of appropriability, crowding out cannot be ruled out.
AB - We explore the interaction between public support for R & D and appropriability using a dataset constructed from the Spanish Community Innovation Survey, for the period 2000-2005. We find that public support policy is less able to stimulate privately financed internal R & D in firms where appropriability mechanisms are more effective. On average, the effect of public support for R & D is three times larger for those firms reporting a level of appropriability below the median vis-à-vis those firms for which appropriability is above the median level. Furthermore, for supported firms with the highest degree of appropriability, crowding out cannot be ruled out.
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U2 - 10.1111/j.1467-6451.2009.00396.x
DO - 10.1111/j.1467-6451.2009.00396.x
M3 - Article
AN - SCOPUS:70649102271
SN - 0022-1821
VL - 57
SP - 736
EP - 767
JO - Journal of Industrial Economics
JF - Journal of Industrial Economics
IS - 4
ER -