Radicic, Dragana (2020) National and international R&D support programmes and technology scouting in European small and medium enterprises. Journal of Science and Technology Policy Management . ISSN 2053-4620
Full content URL: https://doi.org/10.1108/JSTPM-10-2019-0091
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Item Type: | Article |
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Item Status: | Live Archive |
Abstract
This study evaluates the effectiveness of national and international R&D support programmes on firms' technology scouting, defined as firms' use of external knowledge sources.
Drawing on a unique dataset on R&D support programmes for small and medium-sized enterprises (SMEs) operating in both manufacturing and service sectors across 28 European countries, this study reports treatment effects estimated by the copula-based endogenous switching model, which takes into account unobserved firm heterogeneity.
Empirical results indicate that R&D support programmes have heterogeneous effects on technology scouting. In particular, a crowding out effect arises in the case of informal sources of external knowledge, while additional effects are reported for formal, strategic sources.
For informal sources of external knowledge, a random distribution of R&D measures would have a substantially larger effect rather than using current selection criteria.
This is among first study to explore the policy effects on technology scouting applying a copula-based endogenous switching model. Most cross-sectional empirical studies employ matching estimators, although their main disadvantage is the selection on observables.
Keywords: | Technology scouting, European SMEs, copula-based endogenous switching model, External knowledge search |
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Subjects: | L Social studies > L120 Microeconomics L Social studies > L110 Applied Economics |
Divisions: | Lincoln International Business School |
ID Code: | 40430 |
Deposited On: | 22 Apr 2020 15:27 |
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