Evaluation of socio-economic impacts of the business R&amp;D support in small economies. The case of the Czech Republic.

Ratinger, Tomáš; Čadil, Vladislav; Agyemang, Sylvester Amoako

doi:10.22163/fteval.2019.404

Cited by 2 publications

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“…quantitative methods for assessing outputs additionality of the public funds poured in the sectors (Athey & Imbens, 2017) and the suitability and usefulness of GPSM for impact evaluation in general. This paper is an extension of our earlier conference paper (see Ratinger et al, 2019) that was presented at the Innovation, Management, Entrepreneurship and Sustainability Conference, which took place on May 29-31, 2019 at the University of Economics, Prague. Unlike the conference paper, this article places the topic in a broader framework of the business R&D support evaluation and presents the final results of the econometric analysis.…”

Section: Introductionmentioning

confidence: 96%

Are There Any Economic Impacts of Business R&D Support? The Case of the Czech Republic

Ratinger¹,

Čadil²,

Agyemang³

2020

CEBR

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Evaluation of the economic impact of public research and development (R&D) support has become an integral part of the policymaking process. The paper examines the economic effects of the Czech programme TIP supporting R&D in private companies in the recent decade and aspires to contribute to the debate on quantitative methods for assessing outputs additionality of public R&D programmes. The analysis is based on the counter-factual econometric approach, because an appropriate control group could not be found among the unsupported companies, a so-called generalized propensity score matching (GPSM) was used. Two data sources were used: monitoring data of the programme TIP and economic data from the database Bisnode-MagnusWeb. The impact of R&D support on the firms' performance was measured by output indicators: gross value added, profit and productivity. Treatment effects are diverse depending on firm sizes. Generally, the R&D support effects are positive and more substantial in small and medium firms (SMEs) while there are no such effects confirmed for large firms. The support could only impact positively on the output (profit, productivity and gross value added) of small firms only after reaching a certain minimum threshold of the support whereas output diminishes for medium firms after a point of saturation. Implications for Central European audience: This paper results could be useful for policymakers and R&D funding providers because it provides evidence about the microeconomic impacts of programmes, namely it shows the differentiated effects of public interventions toby the size categories of beneficiaries. The analysis confirms that GPSM approach provides deliver logical outcomes and if the investigation is situated to the right period after the programme is accomplished, it has a potential to bring more insight in the effects than the standard dichotomous model.

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Section: Introductionmentioning

confidence: 96%

Are There Any Economic Impacts of Business R&D Support? The Case of the Czech Republic

Ratinger¹,

Čadil²,

Agyemang³

2020

CEBR

View full text Add to dashboard Cite

show abstract

Behavioural Additionality Evaluation of industrial R&D programmes, the case of the TIP programme

Čadil

2019

Ergo

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Behavioural additionality is defined as permanent (long-term) changes in all spheres of behaviour and general capabilities of supported companies as a consequence of public support received. It closely relates to the output additionality because it creates prerequisites for improvement of firms economic performance. This paper aims to show the concrete application of this concept in the evaluation of programmes in the Czech Republic on the example of the TIP programme. It also tries to outline certain aspects that cannot be captured on the one hand when looking only at input and output additionalities, but on the other hand they enable better understanding of these additionality types. The methodology used for assessing behavioural additionality is based on a qualitative approach, a mix of a questionnaire survey and structured interviews. The evaluation confirmed the applicability of the behavioural additionality concept for programmes evaluation in the Czech Republic and showed that both the short-term and long-term effects of the R&D support in the areas of cooperation, R&D activities and firms strategies have already occurred.

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Evaluation of socio-economic impacts of the business R&D support in small economies. The case of the Czech Republic.

Cited by 2 publications

References 0 publications

Are There Any Economic Impacts of Business R&D Support? The Case of the Czech Republic

Are There Any Economic Impacts of Business R&D Support? The Case of the Czech Republic

Behavioural Additionality Evaluation of industrial R&D programmes, the case of the TIP programme

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