The Impact of Government Support on Firm R&D Investments : A Meta-Analysis

Correa, Paulo; Andrés, Luis; Borja-Vega, Christian

doi:10.1596/1813-9450-6532

Publication:
The Impact of Government Support on Firm R&D Investments : A Meta-Analysis

dc.contributor.author	Correa, Paulo
dc.contributor.author	Andrés, Luis
dc.contributor.author	Borja-Vega, Christian
dc.date.accessioned	2013-09-26T20:23:12Z
dc.date.available	2013-09-26T20:23:12Z
dc.date.issued	2013-07
dc.description.abstract	This paper applies meta-analysis techniques to a sample of 37 studies published during 2004-2011. These papers assess the impact of direct subsidies on business research and development. The results show that the effect of public investment on research and development is predominantly positive and significant. Furthermore, public funds do not crowd out but incentivize firms to revert funds into research and development. The coefficient of additionality impacts on research and development ranges from 0.166 to 0.252, with reasonable confidence intervals at the 95 percent level. The results are highly sensitive to the method used. The high heterogeneity of precision is explained by the wide variety of methodologies used to estimate the impacts and paper characteristics.	en
dc.identifier	http://documents.worldbank.org/curated/en/2013/07/18007264/impact-government-support-firm-rd-investments-meta-analysis
dc.identifier.uri	http://hdl.handle.net/10986/15890
dc.language	English
dc.language.iso	en_US
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Policy Research Working Paper;No. 6532
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo/
dc.subject	ACHIEVEMENTS
dc.subject	BASIC RESEARCH
dc.subject	BASIC SCIENCES
dc.subject	BIASES
dc.subject	BUSINESS DEVELOPMENT
dc.subject	BUSINESS RESEARCH
dc.subject	BUSINESS SECTOR
dc.subject	BUSINESSES
dc.subject	CAPABILITIES
dc.subject	CAPITAL ASSETS
dc.subject	CASH FLOWS
dc.subject	CONFIDENCE INTERVALS
dc.subject	CONFIDENCE LIMITS
dc.subject	CORRELATIONS
dc.subject	DATA ANALYSIS
dc.subject	DESCRIPTIVE STATISTICS
dc.subject	DUMMY VARIABLES
dc.subject	EMAIL ADDRESSES
dc.subject	ESTIMATORS
dc.subject	EVALUATION METHODOLOGY
dc.subject	EVALUATION METHODS
dc.subject	EVALUATION STUDIES
dc.subject	EXPERIMENTAL STUDIES
dc.subject	EXPERIMENTS
dc.subject	EXPLORATION
dc.subject	FINANCIAL CONSTRAINTS
dc.subject	FINANCIAL RESOURCES
dc.subject	FOREIGN DIRECT INVESTMENTS
dc.subject	GOVERNMENT FUNDING
dc.subject	HUMAN CAPITAL
dc.subject	ID
dc.subject	INDEPENDENT VARIABLES
dc.subject	INFERENTIAL STATISTICS
dc.subject	INNOVATION
dc.subject	INNOVATION POLICY
dc.subject	INSTRUMENTAL VARIABLES
dc.subject	INTERVENTIONS
dc.subject	LINEAR REGRESSION
dc.subject	MANUFACTURING
dc.subject	MANUFACTURING INDUSTRY
dc.subject	MARKET DEMAND
dc.subject	METAANALYSIS
dc.subject	METHODOLOGIES
dc.subject	METHODOLOGY
dc.subject	MODELING
dc.subject	OPEN ACCESS
dc.subject	PEER REVIEW
dc.subject	PERFORMANCE MEASURE
dc.subject	PRECISION
dc.subject	PRIVATE INVESTMENT
dc.subject	PRIVATE SECTOR
dc.subject	PROBABILITY
dc.subject	PRODUCT INNOVATION
dc.subject	PRODUCT INNOVATIONS
dc.subject	PRODUCTIVITY
dc.subject	PUBLIC FUNDS
dc.subject	QUALITATIVE DATA
dc.subject	REASONING
dc.subject	REGULATORY FRAMEWORKS
dc.subject	RELIABILITY
dc.subject	RESEARCH DESIGN
dc.subject	RESEARCH FINDINGS
dc.subject	RESEARCH FUNDING
dc.subject	RESEARCH INSTITUTES
dc.subject	RESEARCH PROJECTS
dc.subject	RESEARCH WORKING PAPERS
dc.subject	RESEARCHERS
dc.subject	RESULT
dc.subject	RESULTS
dc.subject	SAMPLE SELECTION
dc.subject	SAMPLE SIZE
dc.subject	SEARCH ENGINES
dc.subject	SEARCHES
dc.subject	SERVER
dc.subject	SHOW HOW
dc.subject	SIMULATION
dc.subject	SIMULATION METHODS
dc.subject	SIMULATION TECHNIQUES
dc.subject	SIMULATIONS
dc.subject	SIMULTANEOUS EQUATIONS
dc.subject	STANDARD DEVIATION
dc.subject	STANDARD ERRORS
dc.subject	STATA
dc.subject	STATISTICAL ANALYSIS
dc.subject	STATISTICAL SIGNIFICANCE
dc.subject	STRUCTURAL MODELING
dc.subject	SURVEY DATA
dc.subject	SYSTEM FAILURES
dc.subject	TARGETS
dc.subject	TAX INCENTIVES
dc.subject	TECHNIQUES
dc.subject	TECHNOLOGICAL INNOVATION
dc.subject	TECHNOLOGY DEVELOPMENT
dc.subject	TIME SERIES
dc.subject	USER
dc.subject	USES
dc.subject	VARIABILITY
dc.subject	VERIFICATION
dc.subject	WEB
dc.subject	WEIGHTING
dc.subject	impact
dc.subject	R&D
dc.subject	R&D EXPENDITURES
dc.subject	R&D FINANCING
dc.subject	R&D PROJECTS
dc.title	The Impact of Government Support on Firm R&D Investments : A Meta-Analysis	en
dspace.entity.type	Publication
okr.date.disclosure	2013-07-01
okr.doctype	Publications & Research :: Policy Research Working Paper
okr.doctype	Publications & Research
okr.docurl	http://documents.worldbank.org/curated/en/2013/07/18007264/impact-government-support-firm-rd-investments-meta-analysis
okr.globalpractice	Education
okr.globalpractice	Transport and ICT
okr.globalpractice	Transport and ICT
okr.globalpractice	Trade and Competitiveness
okr.identifier.doi	10.1596/1813-9450-6532
okr.identifier.externaldocumentum	000158349_20130715150702
okr.identifier.internaldocumentum	18007264
okr.identifier.report	WPS6532
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/07/15/000158349_20130715150702/Rendered/PDF/WPS6532.pdf	en
okr.topic	Private Sector Development :: E-Business
okr.topic	Statistical and Mathematical Sciences
okr.topic	Science Education
okr.topic	Scientific Research and Science Parks
okr.topic	Teaching and Learning
okr.topic	Education
okr.topic	Science and Technology Development
okr.unit	Entrepreneurship and Innovation Unit, South Asia Sustainable Development Department
okr.volume	1 of 1
relation.isAuthorOfPublication	5e24cc05-1fcb-56fb-8bcc-021bbf7e50b0
relation.isAuthorOfPublication	1849ab1b-f2b8-513e-82e2-46c8e04510e2
relation.isSeriesOfPublication	26e071dc-b0bf-409c-b982-df2970295c87