Journal title
Estudios de Economía

   
ARTICLE
TITLE

Public support to firm-level innovation: An evaluation of the FONTAR program

SUMMARY

This paper studies the impact of non-refundable grants (NRG) of the Argentinean Technological Fund (FONTAR) on firms’ innovative efforts and performance. We use a panel database of 954 firms that applied for public support to innovate during the period 2007-2013. Using a difference-in-differences approach, our results show that the NRG have a positive effect on firms’ innovative intensity, considering both the innovation activities to sales ratio and R&D to sales ratio. These remain robust to alternative definitions of control group and the outcome variable. Analysis of heterogeneous effects reveals that the impact was exclusively concentrated on small and young firms.

PAGES
pp. 251 - 269

 Articles related

Afeez Olalekan Sanni    

The implementation of public private partnership (PPP) procurement method is expected to help governments in the development of infrastructures and provides an opportunity for the reduction in the governments’ debt profiles. This method has been adopted ... see more


Nicolas Palominos,Hrishikesh Ballal    

As cities continue to grow and new urban mobility practices emerge, the design of streets often no longer fit with the citizens’ demand of high quality public spaces. The temporary closure of a main street in Santiago de Chile was taken as an opportunity... see more

Revista: Disegnare con

Mareike Stoll    

“A child’s hands” was chosen as the cover image for a monograph by photographer Aenne Biermann (1898–1933), published in Weimar Germany (1930) as part of a small series of paperback publications edited by Franz Roh and Jan Tschichold. Volume 1 of the sam... see more

Revista: AM: Art + Media

Asadullah Khan , Muhammad Waris Ali Khan , Shahryar Sorooshian, Mehfooz Ullah, Faisal Rana    

Benefit management is a valuable approach, promoted and supported by strategic management for maximizing organizational benefits. It has also been recognized as a means of improving project performance, though more research is needed to understand how it... see more


Zulkifli Siregar,Andri Andri    

This research study was conducted in the underpass of the flyover in the corridor of Jalan Ampera Medan. The purpose and objective is to provide a scientific concept related to the arrangement of the space under the flyover which is not currently well ma... see more