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dc.titleInnovation, Productivity, and Spillover Effects: Evidence from Chile
dc.contributor.authorCrespi, Gustavo
dc.contributor.authorFigal Garone, Lucas
dc.contributor.authorMaffioli, Alessandro
dc.contributor.authorStein, Ernesto H.
dc.contributor.orgunitCompetitiveness, Technology and Innovation Division
dc.coverageChile
dc.coverageSouth America
dc.coverageLatin America and the Caribbean
dc.date.available2019-02-05T00:00:00
dc.date.issue2019-02-05T00:00:00
dc.description.abstractThis paper estimates the direct and spillover effects of two matching grants schemes designed to promote firm-level research and development (R&D) investment in Chile on firm productivity. Because the two programs target different kinds of projects—the National Productivity and Technological Development Fund (FONTEC) subsidizes intramural R&D, while the Science and Technology Development Fund (FONDEF) finances extramural R&D carried out in collaboration with research institutes—analyzing their effects can shed light on the process of knowledge creation and diffusion. The paper applies fixed-effects techniques to a novel dataset that merges several waves of Chile’s National Manufacturing Surveys collected by the National Institute of Statistics with register data on the beneficiaries of both programs. The results suggest that while both programs have had a positive impact on participants’ productivity, only FONDEF-funded projects have generated positive spillovers on firms’ productivity. The analysis reveals that the spillover effects on productivity display an inverted-U relationship with the intensity of public support. Spillover effects were found to occur only if firms were both geographically and technologically close.
dc.format.extent39
dc.identifier.doihttp://dx.doi.org/10.18235/0001546
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Innovation_Productivity_and_Spillover_Effects_Evidence_from_Chile.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.relation.seriesImpact Evaluations
dc.subjectInnovation
dc.subjectCompetitiveness
dc.subjectInnovation Policy
dc.subjectProductive Efficiency
dc.subjectResearch and Development
dc.subjectImpact Evaluation
dc.subject.jelcodeO32 - Management of Technological Innovation and R&D
dc.subject.jelcodeD24 - Production • Cost • Capital • Capital, Total Factor, and Multifactor Productivity • Capacity
dc.subject.jelcodeO38 - Government Policy
dc.subject.jelcodeL60 - Industry Studies: Manufacturing: General
dc.subject.jelcodeD62 - Externalities
dc.subject.jelcodeH43 - Project Evaluation • Social Discount Rate
dc.subject.keywordsChile, impact evaluation, innovation, matching grants programs productivity, spillover effects
dc.typeWorking Papers
idb.identifier.pubnumberIDB-WP-00963
idb.operationRG-K1441
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