Page 28 - IDEA Studie 07 2023 TACR
P. 28
ARE SUBSIDIES TO BUSINESS R&D EFFECTIVE? REGRESSION DISCONTINUITY EVIDENCE FROM THE TA CR ALFA PROGRAMME
Patent (0/1)
Labour productivity
-0.01 0.07
e r
765 -0.05 0.09 1
7 0
Table 3. RD estimates for innovation output
Note: RD estimates for a bandwith of 5 points around the cut-off. Columns 2–7 report r and after (d+3) the period of receiving the subsidy, where d varies by project. All es of funding and the type of expenditure, a patenting dummy, logs of employment, sale location, and co-operation with a research organisation, the number of project par at the firm level. N is the number of observations. * p<0.1, ** p<0.05, *** p<0.01.
Source: Based on micro data from CZSO (2022), ISVaV (2022) and TACR (2017).
26
SMEs
During the treatment After the tr
Coef. St. err. N Coef. St. e
Employment -0.03 0.05 754 0.06 0.1
Sales -0.03 0.10 754 -0.04 0.1
-0.04 0.06 748 -0.12 0.1