This paper addresses the question of the efficacy of R&D policy measures in support of high-tech startups. We show that subsidies awarded on a competitive basis lead to a positive effect, while those assigned through an automatic procedure do not.
Colombo, M. G., Grilli, L., Murtinu, S., R&D Subsidies and the Performance of High-Tech Start-Ups, <<ECONOMICS LETTERS>>, 2011; 112 (1): 97-99. [doi:10.1016/j.econlet.2011.03.007] [http://hdl.handle.net/10807/66516]
R&D Subsidies and the Performance of High-Tech Start-Ups
Grilli, Luca;Murtinu, Samuele
2011
Abstract
This paper addresses the question of the efficacy of R&D policy measures in support of high-tech startups. We show that subsidies awarded on a competitive basis lead to a positive effect, while those assigned through an automatic procedure do not.
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