Asian Journal of Innovation and Policy

Asian Society for Innovation and Policy (아시아기술혁신학회)
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Determinants of the Performance of Government Assistance to R&D Activities

  • Kwak, So-Yoon (Environmental Strategy Research Group, Korea Environment Institute) ;
  • Yoo, Seung-Hoon (Graduate School of Energy & Environment, Seoul National University of Science & Technology)
  • Accepted : 2014.04.24
  • Published : 2014.05.01
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Abstract

The technological innovation is considered as an important factor and there is a positive externality in developing technology in the form of technology spillover. In this context, it is argued that government should play an active role in advancing technology development and several means have been introduced. This study attempts to analyze manufacturing firms' evaluation for the performance of government assistance programs to their R&D activities. Considering that the performance evaluation takes the form of a count outcome, we apply several kinds of count data models. Some interesting findings emerge from the analysis. For example, we found that a firm's sales amount, dummy for the firm's having an R&D department, dummy for the firm's being a venture one, and the number of the firm's innovative activities have positive relationships with the degree that the firm evaluates government assistance as being useful.

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References

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