Are Firms That Received R&D Subsidies More Innovative?

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, 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.

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Year of publication:	2007
Authors:	Mohnen, Pierre ; Bérubé, Charles
Institutions:	United Nations University-Maastricht Economic Research Institute of Innovation and Technology (UNU-MERIT)
Subject:	Innovations \| R&D \| Matching Estimators \| Mahalanobis \| Innovation Survey \| Tax Credits \| Grants

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Extent:	application/pdf
Series:	MERIT Working Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series UNU-MERIT Working Papers Number 015
Classification:	O31 - Innovation and Invention: Processes and Incentives ; O32 - Management of Technological Innovation and R&D ; O38 - Government Policy ; C13 - Estimation ; H25 - Business Taxes and Subsidies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010712063