Are subsidies to business R&D effective? Regression discontinuity evidence from the TA CR ALFA programme

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F23%3A00573283" target="_blank" >RIV/67985998:_____/23:00573283 - isvavai.cz</a>
Result on the web
<a href="https://idea.cerge-ei.cz/files/IDEA_Studie_07_2023_TACR/files/extfile/IDEA_Studie_07_2023_TACR.pdf" target="_blank" >https://idea.cerge-ei.cz/files/IDEA_Studie_07_2023_TACR/files/extfile/IDEA_Studie_07_2023_TACR.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Are subsidies to business R&D effective? Regression discontinuity evidence from the TA CR ALFA programme
Original language description
Governments subsidise business research and experimental development (R&D) to promote development of the economy, because externalities and information asymmetries inherent to the innovation process make private funding of these activities fall short of what is socially desirable. Nevertheless, how effective such subsidies are and whether they achieve their goals is an open question that needs to be studied empirically. This study leverages the state-of-the-art method of regression discontinuity (RD) that allows us to come very close to making causal inferences about the effects of subsidies, to find out whether the Technology Agency of the Czech Republic’s (TA CR) ALFA programme stimulated new business R&D inputs, outputs, and positive economic impacts that would not have happened otherwise.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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