Assessment of the public tools used to promote R&D investment in Spanish SMEs

被引：35

作者：

Romero-Jordan, Desiderio ^{[1
]}

Jesus Delgado-Rodriguez, Maria ^{[1
]}

Alvarez-Ayuso, Inmaculada ^{[2
]}

de Lucas-Santos, Sonia ^{[2
]}

机构：

[1] Univ Rey Juan Carlos, Madrid, Spain

[2] Univ Autonoma Madrid, E-28049 Madrid, Spain

来源：

SMALL BUSINESS ECONOMICS | 2014年 / 43卷 / 04期

关键词：

R&D; Tax credits; Public grants; Effectiveness; Panel data; DEVELOPMENT SUBSIDIES; DEVELOPMENT EXPENDITURES; DETERMINANTS; INCENTIVES; INNOVATION; FIRMS;

D O I：

10.1007/s11187-014-9575-3

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this paper, we identify the potential determinants of firm R&D to understand the effectiveness of public policies. Our results suggest a considerably low impact of tax credits and public grants on the R&D investment of the Spanish manufacturing firms. Tax credits are mainly considered by large firms that use them as a reduction in the tax burden in the corporate tax, while SMEs use public grants to alleviate financial constraints. This evidence leads to discuss alternatives to the current design of the public policies analyzed.

引用

页码：959 / 976

页数：18

共 69 条

[1]

[Anonymous], 2008, ECONOMETRIC ANAL PAN

[2] ANOTHER LOOK AT THE INSTRUMENTAL VARIABLE ESTIMATION OF ERROR-COMPONENTS MODELS [J].