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Las subvenciones a la I+D, ¿funcionan o no funcionan?

Author

Listed:
  • Jordi Brandts

    (Universidad Autónoma de Barcelona)

  • Isabel Busom

    (Universidad Autónoma de Barcelona)

Abstract

This paper presents a critical assessment of public subsidies to R$D activities. After enumerating the most frequent tools of technology policy, the opinions of several R$D experts are overviewed. These opinions cast some doubts on the effectiveness of existing policies. Next, the analytical foundations of public policy in this area are reviewed, as well as the existing empirical evidence on the relationship between innovation and growth. Finally, we present and discuss the main empirical studies focusing on the effects of technology policy on private R$D effort and on productivity, with special emphasis on public subsidies.

Suggested Citation

  • Jordi Brandts & Isabel Busom, 1992. "Las subvenciones a la I+D, ¿funcionan o no funcionan?," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 23(02), pages 160-177.
  • Handle: RePEc:ekz:ekonoz:1992207
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    More about this item

    Keywords

    Innovación; crecimiento; política tecnológica; I+D; subvenciones;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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