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

  • Massimo G. Colombo
  • , Luca Grilli*
  • , Samuele Murtinu
  • *Corresponding author

Research output: Contribution to journalArticlepeer-review

Abstract

This paper addresses the question of the efficacy of R&D policy measures in support of high-tech startups.\r\nWe show that subsidies awarded on a competitive basis lead to a positive effect, while those assigned\r\nthrough an automatic procedure do not.
Original languageEnglish
Pages (from-to)97-99
Number of pages3
JournalEconomics Letters
Volume112
Issue number1
DOIs
Publication statusPublished - 2011

All Science Journal Classification (ASJC) codes

  • Finance
  • Economics and Econometrics

Keywords

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

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