{"id":108559,"date":"2024-01-22T15:36:21","date_gmt":"2024-01-22T14:36:21","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/108559\/"},"modified":"2024-11-07T03:28:34","modified_gmt":"2024-11-07T02:28:34","slug":"input-additionality-effects-of-rd-subsidies-in-austria-empirical-evidence-from-firm-level-panel-data","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/108559\/","title":{"rendered":"Input Additionality Effects of R&D Subsidies in Austria. Empirical Evidence from Firm-level Panel Data"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-108559","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In this paper we study the question of the leverage effect of public subsidies to private R&D: do public contributions to private R&D boost total R&D expenditures \u2013 and if so, do they boost them by an amount which is larger than the amount of public money which was used in this way? The paper is based on firm-level data from the Austrian Industrial Research Promotion Fund (FFF) which occupies a central role in the promotion of industrial research in Austria. The results of the panel regression suggest that the public subsidies of private R&D have a crowding-in effect of about 40 percent; 1 additional euro of funding induces firms to contribute an additional 0,40 \u20ac of their own money. Both very small and large firms seem to exhibit higher leverage, small and medium-sized firms smaller leverage. Additionally, the leverage estimates for firms that perform R&D only occasionally are higher than for regular R&D performers.","onlinedate":"2004-07-12 02:00:00","lang":"English","publication_series":"tip \u2013 technologie information politikberatung","publication_date":"20040301","publication_date_year":"","publication_date_full":false,"publication_num_pages":"28","keywords":"[\"Additionality\",\"Government subsidy\",\"R&D\",\"Technology Policy\"]","jelcodes":"[]","related_publications":"[]","pdf":319245,"zip":null,"link":"","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[81966],"research_groups":[3491],"collaboration":"","persons":[3879,12853,11241],"persons_data":"[{\"personId\":3879,\"personName\":\"Gerhard Streicher\",\"organisationNames\":[]},{\"personId\":12853,\"personName\":\"Andreas Schibany\",\"organisationNames\":[]},{\"personId\":11241,\"personName\":\"Nikolaus Gretzmacher\",\"organisationNames\":[\"InTeReg\"]}]","clients":[10800,10756,61507],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"
Streicher, G.<\\\/span>, Schibany, A., & Gretzmacher, N. (2004). Input Additionality Effects of R&D Subsidies in Austria. Empirical Evidence from Firm-level Panel Data<\\\/em><\\\/span>. (tip \u2013 technologie information politikberatung). WIFO, Joanneum Research, Institute of Technology and Regional Policy. http:\\\/\\\/www.tip.ac.at\\\/<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"
Streicher G<\\\/span>, Schibany A, Gretzmacher N. Input Additionality Effects of R&D Subsidies in Austria. Empirical Evidence from Firm-level Panel Data<\\\/span><\\\/span>. WIFO, Joanneum Research, Institute of Technology and Regional Policy; 2004.<\\\/div>\",\"bibtex\":\"
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title = \\\"Input Additionality Effects of R\\\\&D Subsidies in Austria. Empirical Evidence from Firm-level Panel Data\\\",<\\\/div>
abstract = \\\"In this paper we study the question of the leverage effect of public subsidies to private R\\\\&D: do public contributions to private R\\\\&D boost total R\\\\&D expenditures \u2013 and if so, do they boost them by an amount which is larger than the amount of public money which was used in this way? The paper is based on firm-level data from the Austrian Industrial Research Promotion Fund (FFF) which occupies a central role in the promotion of industrial research in Austria. The results of the panel regression suggest that the public subsidies of private R\\\\&D have a crowding-in effect of about 40 percent; 1 additional euro of funding induces firms to contribute an additional 0,40 \u20ac of their own money. Both very small and large firms seem to exhibit higher leverage, small and medium-sized firms smaller leverage. Additionally, the leverage estimates for firms that perform R\\\\&D only occasionally are higher than for regular R\\\\&D performers.\\\",<\\\/div>
keywords = \\\"Additionality, Government subsidy, R\\\\&D, Technology Policy, Additionality, Government subsidy, R\\\\&D, Technology Policy\\\",<\\\/div>
author = \\\"Gerhard Streicher and Andreas Schibany and Nikolaus Gretzmacher\\\",<\\\/div>
year = \\\"2004\\\",<\\\/div>
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T1 - Input Additionality Effects of R&D Subsidies in Austria. Empirical Evidence from Firm-level Panel Data<\\\/p>

AU - Streicher, Gerhard<\\\/p>

AU - Schibany, Andreas<\\\/p>

AU - Gretzmacher, Nikolaus<\\\/p>

PY - 2004\\\/3<\\\/p>

Y1 - 2004\\\/3<\\\/p>

N2 - In this paper we study the question of the leverage effect of public subsidies to private R&D: do public contributions to private R&D boost total R&D expenditures \u2013 and if so, do they boost them by an amount which is larger than the amount of public money which was used in this way? The paper is based on firm-level data from the Austrian Industrial Research Promotion Fund (FFF) which occupies a central role in the promotion of industrial research in Austria. The results of the panel regression suggest that the public subsidies of private R&D have a crowding-in effect of about 40 percent; 1 additional euro of funding induces firms to contribute an additional 0,40 \u20ac of their own money. Both very small and large firms seem to exhibit higher leverage, small and medium-sized firms smaller leverage. Additionally, the leverage estimates for firms that perform R&D only occasionally are higher than for regular R&D performers.<\\\/p>

AB - In this paper we study the question of the leverage effect of public subsidies to private R&D: do public contributions to private R&D boost total R&D expenditures \u2013 and if so, do they boost them by an amount which is larger than the amount of public money which was used in this way? The paper is based on firm-level data from the Austrian Industrial Research Promotion Fund (FFF) which occupies a central role in the promotion of industrial research in Austria. The results of the panel regression suggest that the public subsidies of private R&D have a crowding-in effect of about 40 percent; 1 additional euro of funding induces firms to contribute an additional 0,40 \u20ac of their own money. Both very small and large firms seem to exhibit higher leverage, small and medium-sized firms smaller leverage. Additionally, the leverage estimates for firms that perform R&D only occasionally are higher than for regular R&D performers.<\\\/p>

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KW - Government subsidy<\\\/p>

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KW - Additionality<\\\/p>

KW - Government subsidy<\\\/p>

KW - R&D<\\\/p>

KW - Technology Policy<\\\/p>

M3 - Study<\\\/p>

T3 - tip \u2013 technologie information politikberatung<\\\/p>

BT - Input Additionality Effects of R&D Subsidies in Austria. Empirical Evidence from Firm-level Panel Data<\\\/p>

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