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  4. Demand-side vs. supply-side technology policies: Hidden treatment and new empirical evidence on the policy mix
 
research article

Demand-side vs. supply-side technology policies: Hidden treatment and new empirical evidence on the policy mix

Guerzoni, Marco
•
Raiteri, Emilio  
2015
Research Policy

This paper provides new empirical evidence about the impact of various technological policies upon firmsâ innovative behaviour. We take into consideration the role of policies for innovative activities and we focus on their interaction. While supply-side policies such as R&D subsidies and tax credits have been both extensively discussed in the literature and empirically investigated, the analysis of innovative public procurement is a growing trend in the literature, which still lacks robust empirical evidence. In this paper, we replicate the existing results on supply-side policies, surmise fresh empirical evidence on the outcome of innovative public procurement, and address the issue of possible interaction among the various tools. When controlling for the interaction with other policies, supply-side subsidies cease to be as effective as reported in previous studies and innovative public procurement seems to be more effective than other tools. The preliminary evidence suggests that technology policies exert the highest impact when different policies interact.

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Type
research article
DOI
10.1016/j.respol.2014.10.009
Author(s)
Guerzoni, Marco
Raiteri, Emilio  
Date Issued

2015

Published in
Research Policy
Volume

44

Issue

3

Start page

726

End page

747

Subjects

R&D subsidies

•

Public procurement

•

Crowding-out

•

Confounding effect

•

Hidden treatment

•

Propensity sc

URL

URL

http://ideas.repec.org/a/eee/respol/v44y2015i3p726-747.html
Editorial or Peer reviewed

REVIEWED

Written at

OTHER

EPFL units
STIP  
Available on Infoscience
September 14, 2015
Use this identifier to reference this record
https://infoscience.epfl.ch/handle/20.500.14299/117815
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