Does the Effect of Public Support to R&D Depend on the Degree of Appropriabiltiy? Articles uri icon

authors

  • GELABERT CRESPO, LILIANA MARIA
  • FOSFURI, ANDREA
  • TRIBO GINE, JOSE ANTONIO

publication date

  • December 2009

start page

  • 736

end page

  • 767

issue

  • 4

volume

  • 57

International Standard Serial Number (ISSN)

  • 0022-1821

Electronic International Standard Serial Number (EISSN)

  • 1467-6451

abstract

  • We explore the interaction between public support for R&D and appropriability using a dataset constructed from the Spanish Community Innovation Survey, for the period 2000&-2005. We find that public support policy
    is less able to stimulate privately financed internal R&D in firms where
    appropriability mechanisms are more effective. On average, the effect of public
    support for R&D is three times larger for those firms reporting a level of
    appropriability below the median vis-à-vis those firms for which appropriability
    is above the median level. Furthermore, for supported firms with the highest
    degree of appropriability, crowding out cannot be ruled out.