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

被引：108
|
作者：
Colombo, Massimo G. [1 ]
Grilli, Luca [1 ]
Murtinu, Samuele [1 ]
机构：
[1] Politecn Milan, Dept Econ & Ind Engn, I-20133 Milan, Italy
来源：
ECONOMICS LETTERS | 2011年 / 112卷 / 01期
关键词：
R&D subsidies; High-tech entrepreneurship; TFP; PRODUCTIVITY; GOVERNMENT;
D O I：
10.1016/j.econlet.2011.03.007
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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. (C) 2011 Elsevier B.V. All rights reserved.
引用
收藏
页码：97 / 99
页数：3
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