Work

SME Performance and Public Support for International RJVs*

Year: 2016

Type: article

Abstract: The objective of the present study is to analyze the impact of public support for international research joint ventures on SME performance considering two dimensions: technological and economic results. The research is also intended to examine the time pattern of this effect. For that purpose, we use a panel dataset containing information about Spanish participants in consortia supported by the SME-specific measures of the sixth Framework Programme. Empirical evidence corroborates a direct and positive impact on technological assets of participants. On the part of the economic indicators, EBITDA per employee and labor productivity are positively influenced by the improvement of technological background. All those effects are effective three years after the end of the project, confirming that SMEs are involved in market-oriented R&D projects.

Source: Journal of Small Business Management

DOI: 10.1111/jsbm.12221

Authors: Ascensión Barajas, Elena Huergo, Lourdes Moreno

Institution: Universidad Complutense de Madrid

Language: English

Topic: Innovation Policy and R&D

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure, Partnerships for the goals

Open Access status: green

Funders: Steadman Philippon Research Institute, Centro para el Desarrollo Tecnológico Industrial, Universitat de València