Factors explaining firms’ receipt of public funding for innovation: the case of Chilean small and medium-sized enterprises

This study uses innovation surveys conducted in Chile to evaluate the factors that may explain public financing for innovative activities in small and medium-sized firms (SMEs). The analysis is important because small and medium sized firms are the focus of the existing public programs. The estimate...

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Bibliographic Details
Main Authors: Cristian Mardones, Annabella Zapata
Format: Article
Language:English
Published: Universidad Alberto Hurtado 2018-08-01
Series:Journal of Technology Management & Innovation
Subjects:
Online Access:https://www.jotmi.org/index.php/GT/article/view/2292
Description
Summary:This study uses innovation surveys conducted in Chile to evaluate the factors that may explain public financing for innovative activities in small and medium-sized firms (SMEs). The analysis is important because small and medium sized firms are the focus of the existing public programs. The estimated results with binary choice models are contrasted with cross-sectional and pseudo-panel data, observing that firms with some types of expenditures on innovative activities in previous year have more probability to obtain public financing.
ISSN:0718-2724