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Public R&D support and firm performance: A multivariate dose-response analysis

机译:公共研发支持和坚定的性能:多变量剂量 - 响应分析

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摘要

We analyse all the major sources of direct and indirect research and development (R&D) support to the business enterprise sector in a single country, Norway, for the period 2002-2013, treating the financial support for R&D from several instruments as a multivariate dose exposure. The output additionality of support to incumbent firms that regularly perform R&D (R&D-incumbents), which obtain about 65 per cent of all R&D support to business enterprises, is insignificant for any instrument or policy mixture. However, the estimated additionality of support to R&D-starters (firms without prior R&D activity), which obtain about 30 per cent of all R&D support, is generally positive. In this firm category, the main instruments for direct R&D support in Norway generate significantly less output and economic activity per NOK 1 million in support than do tax credits, despite the fact these instruments manage large project portfolios at considerable administrative costs. We do not identify positive effects of R&D support on labour productivity or the return on assets for any of the instruments. Our main policy implication is that R&D instruments for the business enterprise sector should be designed in favour of R& D-starters over R&D-incumbents, that is, shifting the focus from the intensive to the extensive margin.
机译:我们分析了2002 - 2013年期间在一个国家,挪威的商业企业部门的所有主要和间接研究和开发(研发)支持的所有主要来源,以多元剂量接触为来自多种仪器的研发的财政支持。对现有公司的支持差额差额,定期执行研发(研发 - 现任者),该公司获得所有研发企业的所有研发支持的65%,对于任何文书或政策混合物都是微不足道的。然而,对R&D启动器(没有先前研发活动的公司的支持)估计的额外性,其获得所有研发支持的约30%,通常是阳性的。在本公司的类别中,挪威的直接研发支持的主要仪器在支持的情况下产生明显更少的产量和经济活动,而不是税收抵免,尽管这些文书以相当大的行政费用管理大型项目组合。我们不确定研发支持对劳动生产率的积极影响或任何文书的资产回报。我们的主要政策含义是商业企业部门的研发器械应设计支持R&D-intervers的R&D-Starters,即将重点从集约的重点移位。

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