Using Innovation Survey Data to Evaluate R&D Policy: The Case of Belgium


Aerts, Kris ; Czarnitzki, Dirk


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URL: http://ub-madoc.bib.uni-mannheim.de/718
URN: urn:nbn:de:bsz:180-madoc-7181
Document Type: Working paper
Year of publication: 2004
The title of a journal, publication series: None
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: C25 H50 O38 C14 ,
Subject headings (SWD): Forschung und Entwicklung , Politikfeldanalyse , Innovation
Abstract: This study focuses on the impact of R&D policies in Flanders. We conduct a treatment effects analysis at the firm level to investigate possible crowdingout effects on the input side of the innovation process. Different specifications of R&D activity are considered as outcome variables in the treatment effects analysis. Applying a non-parametric matching, we conclude that subsidized firms would have invested significantly less in R&D activities, on average, if they had not received public R&D funding. Thus, crowding-out effects can be rejected in this case.
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