دسته : همه

ترجمه عنوان مقاله: بودجه دولتی تحقیق و توسعه و تاثیر آن بر ترکیب هزینه تحقیق و توسعه کسب و کار

عنوان انگلیسی مقاله:

Public funding of R&D and its effect on the composition of business R&D expenditure

رشته: مدیریت

سال انتشار: 2014

تعداد صفحات مقاله انگلیسی: 9 صفحه

منبع: ساینس دایرکت

نوع فایل: pdf

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چکیده مقاله

Abstract

This paper discusses the potential effects of R&D public subsidies on a strategic issue for companies, the decision to combine internal and external R&D expenditure. Analyzing some arguments discussed in the management literature, it is assessed whether public intervention by granting R&D subsidies influences the composition of R&D expenditure. To do this, we analyze the data from the Survey on Business Strategies for the period 1991—2008. Results confirm that the public funding of R&D expenditure through subsidies have a positive impact on internal R&D and especially in the decision to conduct R&D internally and externally simultaneously.

KEYWORDS: Innovation strategy; Technology policy evaluation; R&D subsidies; Selection models; Internal external R&D

مقدمه مقاله

INTRODUCTION

Public subsidies are, together with tax incentives, one of the most used tools for technology policy to stimulate R&D private expenditure. Its theoretical justification is based on the logic of market failures which argues that in the absence of Government intervention, incomplete appropriability of innovation benefits and difficulties in financing R&D gener ate a level of expenditure on R&D below the social optimum (Hall, 2002). In order to confirm the effectiveness of this policy, the literature that evaluates the impact of R&D subsidies has grown steadily in recent years by providing abroad base of documentation to assess the impact of R&D public subsidies.

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