Premium
Est‐ce que les entreprises qui reçoivent des subventions pour leur R&D sont davantage innovatrices ?
Author(s) -
Bérubé Charles,
Mohnen Pierre
Publication year - 2009
Publication title -
canadian journal of economics/revue canadienne d'économique
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.773
H-Index - 69
eISSN - 1540-5982
pISSN - 0008-4085
DOI - 10.1111/j.1540-5982.2008.01505.x
Subject(s) - subsidy , matching (statistics) , incentive , product (mathematics) , parametric statistics , tax credit , estimator , economics , public economics , business , industrial organization , microeconomics , econometrics , actuarial science , mathematics , statistics , market economy , geometry
This paper looks at the effectiveness of R&D grants for Canadian plants that already benefit from R&D tax credits. Using a non‐parametric matching estimator and data from the 2005 Survey of Innovation from Statistics Canada, we find that firms that benefited from both policy measures introduced more new products than their counterparts that only benefited from R&D tax incentives. They also made more world‐first product innovations and were more successful in commercializing their innovations. The paper gives also a detailed step‐by‐step explanation of how to apply the non‐parametric matching technique.