RT info:eu-repo/semantics/conferencePaper
T1 Firm size and innovation policy
A1 Herrera, Liliana
A1 Sánchez González, Gloria
A1 Bravo, Edna
A2 Organizacion de Empresa
K1 Economía
K1 Empresas
K1 R&D Subsidies
K1 Innovation Policy
K1 Firm Size
K1 Basic Research
K1 Applied Research
K1 Technological Development
AB [EN] This study analysed the effect of R&D subsidies on strategic decisions taken by firmswhen faced by innovation. The traditional approach of evaluating the impact of thesesubsidies on the net figure of R&D expenditures does not enable us to establish howpublic financing influences decisions involving technological knowledge generation,nor the economic returns which could be derived from this process. The study analysesthese effects taking into consideration the size of the firm, since it is a widely usedvariable in designing innovation policies. The study revealed that public funding,regardless of size, mainly stimulated investments aimed at gaining knowledge withinthe firm’s technological domain, while it did not expand the technological knowledgefrontier. The findings also show that subsidies only enhance the generation ofincremental innovations in the case of small firms. The study concludes that the presentapproach to subsidies allocation is permitting the continuity of a certain strategicbehaviour which specialises in leading the firm towards a quest for immediate resultsrather than constructing a sustainable competitive advantage.
PB ACEDE, Asociación Científica de Economía y Dirección de la Empresa
LK https://hdl.handle.net/10612/20525
UL https://hdl.handle.net/10612/20525
NO Herrera, L., Sánchez-González, G., y Bravo, E. (2010). Firm size and innovation policy. XX Congreso Nacional de ACEDE (Granada).
DS BULERIA. Repositorio Institucional de la Universidad de León
RD Jul 11, 2024