February 27, 2007

The effectiveness of the innovation voucher 2004 and 2005; effect on innovative input and innovative output of firms.

Voorzichtige aanwijzingen dat de innovatievoucher MKB'ers helpt bij verbetering productieproces

Press release

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Spokesmen

Dick Morks Read more

We estimate the effect of the innovation voucher using telephone-survey data from SMEs that applied for a voucher in 2004 and 2005. The analysis employs the fact that the vouchers have been assigned randomly by means of a lottery. We find some evidence for a positive effect on improvements in production processes, but no evidence for effects on product innovation, product improvements, and process innovation. Thanks to the voucher, more SMEs commission a study to public-research institutes. This effect seems to be once-only: SMEs do not cooperate more often with public institutes in the following year and a half. Our findings should be interpreted with care, because of the possible selective non-response in the survey. For example, half of the SMEs with a 2004 voucher did not respond to the interview. Therefore, effects for the total population may differ.

This publication is in Dutch.

Contacts

Maarten Cornet Read more
Marc van der Steeg Read more
Björn Vroomen Read more

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