Do Subsidies to Commercial R&D Reduce Market Failures? Microeconomic Evaluation Studies

By T. Klette, Jarle Møen, Z. Griliches. 2000

874 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/ab4a1519d7166ec84425f778045eb4efebb8ccbe

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Citations in the corpus

Do financial constraints hold back innovation and growth?: Evidence on the role of public policy (2005, background): “This may either result in a selectivity problem that may bias upward econometric estimates of the effect of government funding on firm R&D in standard firm-level regressions (David et al., 2000; Klette et al., 2000; Wallsten, 2000) or indicate reverse causality.”
Business R&D and the Interplay of R&D Subsidies and Product Market Uncertainty (2007, result): “David et al. (2000) and Klette et al. (2000) surveyed the literature and find that micro-econometric studies yield mixed results.”
R&D policy instruments – a critical review of what we do and don’t know (2016, background): “…reader is referred to the authoritative review by David, Hall, and Toole (2000), which concluded that the findings from the literature are ambiguous as to whether public funding is a substitute for, or a complement to, private R&D funding (see also the review in Klette, Møen, and Griliches 2000).”
Evaluating the Impact of R&D Tax Credits on Innovation: A Microeconometric Study on Canadian Firms (2011, positive): “Studies that examined the effect of government support on output measures: for example, on patent applications, productivity, returns on capital, returns on sales and growth of sales or employment (see Klette et al., 2000, for a survey) did not consider the effects of tax credits.”
R&D and Subsidies at the Firm Level: An Application of Parametric and Semi-Parametric Two-Step Selection Models (2008, background): “Klette et al. (2000) give a survey of microeconometric studies focusing on different effects like crowding out, growth, patenting etc. David et al. (2000) provide a survey focusing on studies analyzing R&D input measures on different aggregation levels.”
The Effects of Public R&D Subsidies on Firms' Innovation Activities (2003, background): “Examples include the effects of subsidies on patent applications, productivity, xed-asset investments, returns on capital, returns on sales, and growth of sales or employment (see Klette, Møen, and Griliches 2000 for a comprehensive survey).”
Inside the black box of outcome additionality: Effects of early-stage government subsidies on resource accumulation and new venture performance (2015, background): “In part this is because more positive assessments increase the probability of renewing subsidy programs and of receiving additional subsidies (Klette et al., 2000; Norrman and Bager-Sjögren, 2010).”
R&D subsidies and private R&D expenditures: evidence from Italian manufacturing data (2011, background): “R&D spending is only enhanced if the grants stimulate firms to undertake R&D projects that would be unprofitable in the absence of public support (Jaffe 2002; Klette, Møen, and Griliches 2000; Wallsten 2000; Tokila, Haapanen, and Ritsilä 2008).”
Do Innovation Subsidies Crowd Out Private Investment? Evidence from the German Service Sector (2002, background): “Based on this data, the impact of the available determinants on private R&D activities is tested by panel or cross-sectional econometric analysis (cf. Klette et al., 2000).”