Public policy for innovation and internationalization are they worth it?
BANNO, Mariasole
Public policy for innovation and internationalization are they worth it? - Applied Economics Letters Volume , number , .
This study contributes to the debate about the role of industrial policies for innovation and internationalization on local economic performance. A panel data analysis on Italian regions examines the interrelationships between public grants, level of innovation and internationalization and economic performance. The main findings are that (1) the impact of pro-innovation policies on economic performance is higher in internationalized regions and (2) the level of local R&D expenditures does not contribute to the effectiveness of subsidies for internationalization.
regional economic performance
public policies
innovation
Public policy for innovation and internationalization are they worth it? - Applied Economics Letters Volume , number , .
This study contributes to the debate about the role of industrial policies for innovation and internationalization on local economic performance. A panel data analysis on Italian regions examines the interrelationships between public grants, level of innovation and internationalization and economic performance. The main findings are that (1) the impact of pro-innovation policies on economic performance is higher in internationalized regions and (2) the level of local R&D expenditures does not contribute to the effectiveness of subsidies for internationalization.
regional economic performance
public policies
innovation