Please use this identifier to cite or link to this item: http://repositorio.unicamp.br/jspui/handle/REPOSIP/330217
Type: Artigo
Title: The Impact Of Public R&d Subsidy On Small Firm Productivity: Evidence From Korean Smes
Author: Cin
Beom Cheol; Kim
Young Jun; Vonortas
Nicholas S.
Abstract: This paper explores the effects of R&D promotion policy on SME performance. We use a large panel data set on public R&D subsidies to Korean manufacturing firms. We control for counterfactual outcomes employing the DID (difference in differences) estimation procedure as well as for the endogeneity of the R&D investment and the R&D subsidy using the 2-stage Tobit/Logit DPD (dynamic panel data) procedure. We find significant evidence for positive effects of the public R&D subsidy on both the R&D expenditure and the value added productivity of Korean manufacturing SMEs. The policy thus appears to have been successful in fostering technological advancement and in promoting economic growth.
Subject: Smes
R&d
Research Subsidy
Productivity
Editor: Springer
Dordrecht
Rights: fechado
Identifier DOI: 10.1007/s11187-016-9786-x
Address: https://link.springer.com/article/10.1007/s11187-016-9786-x
Date Issue: 2017
Appears in Collections:Unicamp - Artigos e Outros Documentos

Files in This Item:
File SizeFormat 
000394147800007.pdf621.8 kBAdobe PDFView/Open


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.