More subsidies, more innovation? Evaluating whether a mix of subsidies from regional, national and EU sources crowds out firm-level innovation

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dc.contributor.author Mulligan, Kevin
dc.contributor.author Lenihan, Helena
dc.contributor.author Doran, Justin
dc.date.accessioned 2019-11-20T05:49:02Z
dc.date.available 2019-11-20T05:49:02Z
dc.date.issued 2019-03-25
dc.identifier.citation Mulligan, K., Lenihan, H. and Doran, J., 2019. More subsidies, more innovation? Evaluating whether a mix of subsidies from regional, national and EU sources crowds out firm-level innovation. Regional Studies, Regional Science, 6(1), (8pp). DOI:10.1080/21681376.2019.1580608 en
dc.identifier.volume 6 en
dc.identifier.issued 1 en
dc.identifier.startpage 130 en
dc.identifier.endpage 138 en
dc.identifier.uri http://hdl.handle.net/10468/9141
dc.identifier.doi 10.1080/21681376.2019.1580608 en
dc.description.abstract Policy-makers at regional, national and European Union (EU) levels of governance use a variety of subsidy programmes to stimulate firm-level innovation. Against this backdrop, this paper investigates three important issues that have not received sufficient attention in the literature: (1) whether evaluating the impact of subsidies from each individual source is biased by ignoring firms that receive a mix of subsidies from different sources at the same point in time; (2) whether receiving a mix of subsidies from regional, national and EU sources crowds out firm-level innovation; and (3) if effective, whether subsidy mix stimulates forms of innovation with higher private or social returns. The findings demonstrate that ignoring subsidy mix significantly biases evaluations of subsidies from individual sources. Moreover, subsidy mix can be a highly effective means of stimulating forms of firm-level innovation with the highest social returns, precisely where market and systemic failures are most acute. en
dc.description.sponsorship GOIPG/2015/2640 en
dc.format.mimetype application/pdf en
dc.language.iso en en
dc.publisher Routledge en
dc.relation.uri https://www.tandfonline.com/doi/full/10.1080/21681376.2019.1580608
dc.rights © 2019 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group en
dc.rights.uri https://creativecommons.org/licenses/by/4.0/ en
dc.subject Firm-level innovation en
dc.subject Policy evaluation en
dc.subject Subsidies en
dc.subject Policy mix en
dc.title More subsidies, more innovation? Evaluating whether a mix of subsidies from regional, national and EU sources crowds out firm-level innovation en
dc.type Article (peer-reviewed) en
dc.internal.authorcontactother Justin Doran, Department of Economics, University College Cork, Cork, Ireland. +353-21-490-3000 Email: justin.doran@ucc.ie en
dc.internal.availability Full text available en
dc.description.version Published Version en
dc.contributor.funder Irish Research Council en
dc.contributor.funder Science Foundation Ireland en
dc.description.status Peer reviewed en
dc.identifier.journaltitle Regional Studies, Regional Science en
dc.internal.IRISemailaddress justin.doran@ucc.ie en
dc.identifier.eissn 2168-1376


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© 2019 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group Except where otherwise noted, this item's license is described as © 2019 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group
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