Public Programs, Innovation, and Firm Performance in Chile

This paper evaluates the impact of two public programs, FONTEC and FONDEF, aimed at fostering innovation in Chilean firms. With the cooperation of several public agencies, participants and non-participants in these programs during the period 1995-2000 were identified from a large panel of firms in the manufacturing sector. From this information, the effect of the programs could be determined using propensity score matching (PSM) and differences in differences (DID) in a multiple treatment setting. Results show that these programs have generally been associated with increases in employment and productivity, but the impact is heterogeneous across programs and indicators of firm performance.

Bibliographic Details

Main Author:	Inter-American Development Bank
Other Authors:	Roberto Alvarez
Format:	Technical Notes biblioteca
Language:	English
Published:	Inter-American Development Bank
Subjects:	Science and Technology, Research and Development, Public Sector, D22 - Firm Behavior: Empirical Analysis L2 - Firm Objectives Organization and Behavior O3 - Innovation • Research and Development • Technological Change • Intellectual Property Rights, IFD, CTI, innovation, policy evaluation, employment, wages, productivity,
Online Access:	http://dx.doi.org/10.18235/0008985 https://publications.iadb.org/en/public-programs-innovation-and-firm-performance-chile
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