THE EFFECTIVENESS OF R&D SUPPORT IN ITALY. SOME EVIDENCE FROM MATCHING METHODS

Risk Governance & Control: Financial Markets & Institutions

Francesco Aiello¹ 

关键词: R&;    D Investments;    Innovative Sales;    Matching estimators;    Policy Evaluation;   

DOI  :  10.22495/rgcv3i4art1

学科分类：社会科学、人文和艺术（综合）

来源: Virtus Interpress

【 摘 要 】

In this study several matching procedures have been used to evaluate the impact of public R&D support received by Italian manufacturing firms over the three-year period 2004-2006. Data are from the Capitalia-UniCredit survey and estimations refer to a sample of 605 treated firms (untreated are 2414). The evidence is mixed and depends on the objective-variable under consideration. As far as the total amount of R&D investments is concerned, the role of public support to innovation is positive and significant, while no impact has been found when considering the R&D intensity and the share of sales due to innovative-products. These differences in results are quite regular, whatever the matching method applied in the evaluation.

【 授权许可】

CC BY-NC