Apoyo público e innovación a nivel de firmas

Keywords: innovation, subsidies, policy evaluation

Abstract

This article intends to contribute to the analyses of the effects of public policies on innovation at the firm level, based on the case of a small developing economy (Uruguay). It studies the relation between public support and the probability of innovating at the market level, introducing a lag between support and innovation. The econometric analysis uses binomial Probit models with Heckman sampling bias correction. The article concludes that public support matters for innovation at the market level, whether by stimulating innovation or by facilitating it in already innovative firms.  Moreover, the innovation activities of Uruguayan firms receiving public support do not seem to require a long time to develop. Finally, it is suggested that the relation between firm internationalization and the probability of innovating be further studied. 

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Author Biographies

Andrés Jung, Universidad Católica del Uruguay
Director, Departamento de Economía
Diego Karsaclian, Universidad Católica del Uruguay
Research Assistant, Departamento de Economía
Published
2017-10-26
How to Cite
Jung, A., & Karsaclian, D. (2017). Apoyo público e innovación a nivel de firmas. Journal of Technology Management & Innovation, 12(3), 86-95. https://doi.org/10.4067/S0718-27242017000300009
Section
Research Articles

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