R&D Subsidies and the Performance of High-Tech Start-Ups

Massimo G. Colombo, Luca Grilli, Samuele Murtinu

Research output: Contribution to journalArticlepeer-review

63 Citations (Scopus)

Abstract

This paper addresses the question of the efficacy of R&D policy measures in support of high-tech startups. We show that subsidies awarded on a competitive basis lead to a positive effect, while those assigned through an automatic procedure do not.
Original languageEnglish
Pages (from-to)97-99
Number of pages3
JournalEconomics Letters
Volume112
DOIs
Publication statusPublished - 2011
Externally publishedYes

Keywords

  • High-tech entrepreneurship
  • R&D subsidies
  • TFP

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