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dc.contributor.authorCzarnitzki, Dirken
dc.contributor.authorLopes-Bento, Cindyen
dc.date.accessioned2012-06-19-
dc.date.accessioned2012-06-28T13:41:28Z-
dc.date.available2012-06-28T13:41:28Z-
dc.date.issued2012-
dc.identifier.piurn:nbn:de:bsz:180-madoc-323085en
dc.identifier.urihttp://hdl.handle.net/10419/59523-
dc.description.abstractA significant amount of money is spent on programs to stimulate innovative activities. In this paper, we review the effects of a specific government-sponsored commercial R&D program from various angles. We start by evaluating whether we find positive effects of subsidies on R&D investment and R&D employment. Then, we analyze how the observed effects of subsidies on R&D intensity and employment vary over time, vary if the firm receives also support from other sources, vary depending on how many supported projects a single firm has at the same time or vary if a firm gets support consecutively. Finally, we estimate the macroeconomic impact of these grants in terms of R&D employment. We conclude that (i) the policies are not subject to full crowding out, (ii) the treatments effects are stable over time, (iii) receiving subsidies from other sources in addition to the program under evaluation does not decrease the estimated treatment effect, and (iv) receiving grants repeatedly does not decrease the magnitude of the treatment effects either. Using a back-of-the envelope calculation, we estimate that, on average, five R&D jobs are created (or maintained) per supported project in the Flemish economy.en
dc.language.isoengen
dc.publisher|aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheimen
dc.relation.ispartofseries|aZEW Discussion Papers |x12-034en
dc.subject.ddc330en
dc.subject.stwForschungs- und Technologiepolitiken
dc.subject.stwForschungssubventionen
dc.subject.stwWirkungsanalyseen
dc.subject.stwWissenschaftleren
dc.subject.stwBeschäftigungseffekten
dc.subject.stwFlämisch-Brabanten
dc.titleValue for money? New microeconometric evidence on public R&D grants in Flanders-
dc.typeWorking Paperen
dc.identifier.ppn717886220en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:zewdip:12034en

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