The effectiveness of R&D support in Italy. Some evidence from matching methods

Francesco Aiello ()

MPRA Paper from University Library of Munich, Germany

Abstract: In this study several matching procedures have been used to evaluate the impact of public R&D support received by Italian manufacturing firms over the three-year period 2004-2006. Data are from the Capitalia-UniCredit survey and estimations refer to a sample of 605 treated firms untreated are 2414). The evidence is mixed and depends on the objective-variable under consideration. As far as the total amount of R&D investments is concerned, the role of public support to innovation is positive and significant, while no impact has been found when considering the R&D intensity and the share of sales due to innovative-products. These differences in results are quite regular, whatever the matching method applied in the evaluation.

Keywords: Policy Evaluation; R&D Investments; Innovative Sales; Matching estimators (search for similar items in EconPapers)
JEL-codes: C2 H2 H7 L1 L2 L6 O32 O38 (search for similar items in EconPapers)
Date: 2013-12-02
New Economics Papers: this item is included in nep-cse, nep-eff, nep-eur, nep-ino, nep-knm and nep-sbm
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Published in Risk governance & control: financial markets & institutions 4.3(2013): pp. 7-15

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