Do R&D Subsidies Stimulate or Displace Private R&D

By S. Lach. 2003

774 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/ef3c1ff8554a84416aff5dcb5ef828febd3c114c

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In Management of Technology and Innovation

Citations in the corpus

Government, Venture Capital and the Growth of European High-Tech Entrepreneurial Firms (2014, background): “With regard to public subsidies that are directed toward high-tech entrepreneurial firms, the main examples are grants (Lerner, 1999, 2002; Wallsten, 2000; Audretsch et al., 2002; Lach, 2002; Gans and Stern, 2003; Colombo et al., 2011, 2013) and tax credits (Hall and Van Reenen, 2000).”
Public R&D Policies and Private R&D Investment: A Survey of the Empirical Evidence (2015, background): “One relevant study is Lach (2002) which uses a difference-in-difference estimator and finds for a sample of firms in Israel that subsidies for the small firms temporarily crowd out these firms’ R&D, but have a strong stimulative effect after the first year of the subsidy.”
Do tax incentives for research increase firm innovation? An RD design for R&D (2016, neutral): “3 There is a large literature on the effects of public R&D grants on firm and industry outcomes such as Einiö (2014), González, Jamandreu and Pazó (2005), Goodridge et al. (2015), Jaffe and Le (2015), Lach (2002), Moretti, Steinwender and Van Reenen (2016) and Takalo, Tanayama, Toivanen (2013).”
Repairing the R&D market failure: Public R&D subsidy and the composition of private R&D (2017, methodology): “Based on his findings, Lach (2002) suggested that public R & D subsidy should be directed toward small firms.”
The Impact of Public Funds on Private R&D Investment: New Evidence from a Firm Level Innovation Study ∗ (2005, methodology): “The studies based on Israeli longitudinal data (Lach, 2000), German longitudinal and crosssectional data (Czarnitzki and Fier, 2001, and Almus and Czarnitzki, 2003) and French longitudinal data (Duguet 2003) use both regressions with controls and matched samples.”
The link between public support and private r&d effort: what is the optimal subsidy? (2011, background): “The selection of firm characteristics is in line with the literature (Busom, 2000; Lach, 2002; Czarnitizki and Fier, 2002; Czarnitzki, 2006; González and Pazó 2008, among others) and includes both past and current indicators of the technological activity of the firms such as the existence of an R&D…”
Venture Capital as a Catalyst to Commercialization (2010, background): “those subsidies have been studied extensively elsewhere (e.g., Wallsten, 2000; Lach, 2002; González and Pazó, 2008).”