Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/44555
Authors: 
Koski, Heli
Year of Publication: 
2008
Series/Report no.: 
ETLA discussion paper 1142
Abstract: 
This study does not find any significant direct relationship between the public R&D funding and the firms' innovation output. The firms obtaining the public R&D support were not performing significantly better, on average, than others. However, we find evidence that the public R&D finance has substantially influenced the innovation output of the firms that have undertaken certain types of innovations activities. Particularly, public funding targeted to the firms focusing on new business areas in their R&D projects seems successful. Certain types of collaboration seem to also generate better entrepreneurial performance in terms of innovation. Those large firms that have more intensively collaborated with the SMS firm partners in their publicly funded R&D projects have filed more patent applications than other companies.
Subjects: 
innovation
public R&D subsidies
technology policy
JEL: 
L10
O33
O38
Document Type: 
Working Paper

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