2019
DOI: 10.1007/s10258-019-00159-y
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Which projects are selected for an innovation subsidy? The Portuguese case

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Cited by 9 publications
(4 citation statements)
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“…In both cases, the effect size is more important when firms use grants, but only when compared with leasing. Grants’ robust and positive effect makes sense because the probability of receiving them is generally associated with the likelihood of job creation ( Santos et al, 2019 ), creating an incentive for employment growth. In addition, when leasing is associated with an investment in fixed assets, the additional equipment required for innovation purposes can lead to increased production, which could explain the positive effect of output additionality on employment growth and turnover growth (although of a smaller relative size).…”
Section: Resultsmentioning
confidence: 99%
“…In both cases, the effect size is more important when firms use grants, but only when compared with leasing. Grants’ robust and positive effect makes sense because the probability of receiving them is generally associated with the likelihood of job creation ( Santos et al, 2019 ), creating an incentive for employment growth. In addition, when leasing is associated with an investment in fixed assets, the additional equipment required for innovation purposes can lead to increased production, which could explain the positive effect of output additionality on employment growth and turnover growth (although of a smaller relative size).…”
Section: Resultsmentioning
confidence: 99%
“…Furthermore, they disregard the distribution of EU funds among distinct thematic objectives and activity sectors in each region or country. The dominant research stream is built on econometric analyses (e.g., [4,[49][50][51][52][53]). However, it also yields conflicting results [54], leading various scholars to question its usage [54][55][56].…”
Section: Literature Reviewmentioning
confidence: 99%
“…Santos et al [20] provided a precise analysis about the selection process of applications submitted for public support, and found that firms with approved applications were those that expect to invest more and forecast a higher increase. Bai et al [21] explored the impacts of government R&D subsidies on the green innovation of energy-intensive firms, and showed that government R&D subsidies increase the green innovation of energy-intensive firms. Liu et al [22] found the level of regional economic development moderates the impact of government subsidies and there is more significant for non-state-owned enterprises than state-owned ones.…”
Section: Literature Reviewmentioning
confidence: 99%