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The Impact of University Enterprise Incentive Program on the Performance and Technological Efforts of Brazilian Industrial Firms

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  • De Negri, JoaÞo Alberto
  • Lemos, Mauro Borges
  • De Negri, Fernanda

Abstract

This study is an unprecedented effort in Brazil to evaluate the effectiveness of public incentive programs to develop technological capacity of firms. There are currently no empirical evaluations that have explored the impacts of this type of program on the performance of the Brazilian industrial firms in greater depth, particularly for those beneficiaries of these programs. This study therefore evaluates the FNDCT's impact, particularly its cooperative modality, which comprises a joint university-enterprise project for technological innovation. The results indicate that the FNDCT has positive impacts on private R&D expenditures of beneficiary firms. This rejects the hypothesis of crowding out and strengthens the hypothesis of the existence of crowding in between public and private funds. The results on the economic performance of beneficiary firms are, however, inconclusive.

Suggested Citation

  • De Negri, JoaÞo Alberto & Lemos, Mauro Borges & De Negri, Fernanda, 2006. "The Impact of University Enterprise Incentive Program on the Performance and Technological Efforts of Brazilian Industrial Firms," IDB Publications (Working Papers) 2916, Inter-American Development Bank.
    • Handle: RePEc:idb:brikps:2916
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    4. Dezhina, I. & Simachev, Yu., 2013. "Matching Grants for Stimulating Partnerships between Companies and Universities in Innovation Area: Initial Effects in Russia," Journal of the New Economic Association, New Economic Association, vol. 19(3), pages 99-122.
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    6. Isabel Martínez Martín & Miguel Sánchez Galindo & César Pérez López & Rosa Santero Sánchez, 2019. "Evaluación del impacto del programa Redes de Innovación al Servicio de la Competitividad (RISC)," Hacienda Pública Española / Review of Public Economics, IEF, vol. 229(2), pages 59-86, June.
    7. Arias-Vazquez, Javier & Gamberoni, Elisa & Nguyen, Cuong, 2013. "A Short-Term Effect of a Better Work Programme on Firms’ Performance: Evidence from Vietnam," MPRA Paper 67475, University Library of Munich, Germany.
    8. Tulio Cravo & Caio Piza, 2016. "The Impact of Business Support Services for Small and Medium Enterprises on Firm Performance in Low -and Middle- Income Countries: A Meta-Analysis," IDB Publications (Working Papers) 94938, Inter-American Development Bank.
    9. Amina Ika Micah, 2022. "Three essays on access to credit and financial shock in Nigeria," Economics PhD Theses 0422, Department of Economics, University of Sussex Business School.
    10. Diego Aboal & Gustavo Rojas & Belén Servín & Paz Queraltó, 2019. "How Effective are Innovation Support Programs to Stimulate Innovation? Evidence from Paraguay," Documentos de Trabajo 17233, The Latin American and Caribbean Economic Association (LACEA).
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    12. Alessandro Maffioli & Joao A. Negri & Cesar M. Rodriguez & Gonzalo Vazquez-Bare, 2017. "Themed Issue: Cash Transfers and Microfinance," Development Policy Review, Overseas Development Institute, vol. 35(5), pages 675-702, September.
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    More about this item

    Keywords

    WP-13/06;

    JEL classification:

    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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