The impact of public R&D subsidy on small firm productivity: evidence from Korean SMEs
DC Field | Value | Language |
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dc.contributor.author | Cin, Beom Cheol | - |
dc.contributor.author | Kim, Young Jun | - |
dc.contributor.author | Vonortas, Nicholas S. | - |
dc.date.accessioned | 2021-09-03T10:38:08Z | - |
dc.date.available | 2021-09-03T10:38:08Z | - |
dc.date.created | 2021-06-16 | - |
dc.date.issued | 2017-02 | - |
dc.identifier.issn | 0921-898X | - |
dc.identifier.uri | https://scholar.korea.ac.kr/handle/2021.sw.korea/84844 | - |
dc.description.abstract | This paper explores the effects of R&D promotion policy on SME performance. We use a large panel data set on public R&D subsidies to Korean manufacturing firms. We control for counterfactual outcomes employing the DID (difference in differences) estimation procedure as well as for the endogeneity of the R&D investment and the R&D subsidy using the 2-stage Tobit/Logit DPD (dynamic panel data) procedure. We find significant evidence for positive effects of the public R&D subsidy on both the R&D expenditure and the value added productivity of Korean manufacturing SMEs. The policy thus appears to have been successful in fostering technological advancement and in promoting economic growth. | - |
dc.language | English | - |
dc.language.iso | en | - |
dc.publisher | SPRINGER | - |
dc.subject | DEVELOPMENT GRANTS | - |
dc.subject | INNOVATION | - |
dc.subject | GOVERNMENT | - |
dc.subject | STIMULATE | - |
dc.subject | PROGRAMS | - |
dc.subject | GROWTH | - |
dc.subject | LEVEL | - |
dc.title | The impact of public R&D subsidy on small firm productivity: evidence from Korean SMEs | - |
dc.type | Article | - |
dc.contributor.affiliatedAuthor | Kim, Young Jun | - |
dc.identifier.doi | 10.1007/s11187-016-9786-x | - |
dc.identifier.scopusid | 2-s2.0-84979516718 | - |
dc.identifier.wosid | 000394147800007 | - |
dc.identifier.bibliographicCitation | SMALL BUSINESS ECONOMICS, v.48, no.2, pp.345 - 360 | - |
dc.relation.isPartOf | SMALL BUSINESS ECONOMICS | - |
dc.citation.title | SMALL BUSINESS ECONOMICS | - |
dc.citation.volume | 48 | - |
dc.citation.number | 2 | - |
dc.citation.startPage | 345 | - |
dc.citation.endPage | 360 | - |
dc.type.rims | ART | - |
dc.type.docType | Article | - |
dc.description.journalClass | 1 | - |
dc.description.journalRegisteredClass | ssci | - |
dc.description.journalRegisteredClass | scopus | - |
dc.relation.journalResearchArea | Business & Economics | - |
dc.relation.journalWebOfScienceCategory | Business | - |
dc.relation.journalWebOfScienceCategory | Economics | - |
dc.relation.journalWebOfScienceCategory | Management | - |
dc.subject.keywordPlus | DEVELOPMENT GRANTS | - |
dc.subject.keywordPlus | INNOVATION | - |
dc.subject.keywordPlus | GOVERNMENT | - |
dc.subject.keywordPlus | STIMULATE | - |
dc.subject.keywordPlus | PROGRAMS | - |
dc.subject.keywordPlus | GROWTH | - |
dc.subject.keywordPlus | LEVEL | - |
dc.subject.keywordAuthor | SMEs | - |
dc.subject.keywordAuthor | R& | - |
dc.subject.keywordAuthor | D | - |
dc.subject.keywordAuthor | Research subsidy | - |
dc.subject.keywordAuthor | Productivity | - |
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