The Effects of Government-Industry R&D Programs on Private R&D : The Case of The Small Business Innovation Research Program  

Oleh:

Wallsten, Scott J.

Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Rand Journal of Economics vol. 31 no. 1 (2000), page 82-100.
Topik: innovation; government - industry R & D programs; private R & D; small business innovation; research program

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: RR10.4 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

I ask whether government - industry commercial R & D grants increase private R & D. Regressing some measure of innovation on the subsidy can establish a correlation between grants and R & D, but it cannot determine whether grants increase firm R & D or whether firms that do more R & D received more grants. Using a dataset of firms involved in the Small Business Innovation Research (SBIR) program, I estimate a multi - equation model to test these hypotheses. Firms with more employees and that appear to do more research win more SBIR grants, but the grants do not affect employment. Moreover, I find evidence that the grants crowd out firm - financed R & D spending dollar for dollar.

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