Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/65758 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorForeman-Peck, Jamesen
dc.date.accessioned2012-05-07-
dc.date.accessioned2012-11-02T14:27:25Z-
dc.date.available2012-11-02T14:27:25Z-
dc.date.issued2012-
dc.identifier.urihttp://hdl.handle.net/10419/65758-
dc.description.abstractThis paper assesses UK innovation policy impact on a large, population weighted, sample of both service and manufacturing SMEs. By focussing on self-reported innovation the study achieves a wider coverage of the effects of SME innovation policy than possible with more traditional indicators. Propensity score matching indicates that SMEs receiving UK state support for innovation were more likely to innovate than unsupported comparable enterprises. Innovating enterprises are shown to have grown significantly faster over the years 2002-4 when other growth influences are appropriately controlled. Combining these two results and comparing the outlays on SME innovation policy with the estimated effects suggests that policy was efficient as well as effective. There is evidence that SME tax credits were expensive compared with earlier support instruments. But the overall high returns estimated suggest that, even in times of public spending cuts, persisting with SME innovation policy would be prudent.en
dc.language.isoengen
dc.publisher|aCardiff University, Cardiff Business School |cCardiffen
dc.relation.ispartofseries|aCardiff Economics Working Papers |xE2012/4en
dc.subject.jelL25en
dc.subject.jelR38en
dc.subject.ddc330en
dc.subject.keywordInnovationen
dc.subject.keywordState Aiden
dc.subject.keywordSMEen
dc.subject.keywordPolicy Evaluationen
dc.titleEffectiveness and efficiency of SME innovation policy-
dc.typeWorking Paperen
dc.identifier.ppn715308378en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Files in This Item:
File
Size





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