ABSTRACT

The objective of this study is to identify the effect of public funding instruments on the innovation expenditure intensity, percentage of innovative sales, and the number of intellectual property rights (IPRs) applications performed by Chilean firms using pseudo-panel data. Given the lack of panel data to perform this type of evaluation for a long period, repeated cross-sectional data of the different versions of the Innovation Survey are used to generate a pseudo-panel in which the firms are grouped in cohorts according to the economic sector to which they belong. The results estimated using linear and Tobit models of pseudo-panel with instrumental variables show that the use of public funding for innovation has a positive and significant effect on the innovation expenditure intensity and percentage of innovative sales, but that the effects on the number of IPRs applications performed by firms are not robust to different methods.

摘要

本研究的目的是确定公共资助工具对创新支出强度、创新销售百分比以及智利公司使用伪面板数据执行的知识产权 (IPR) 申请数量的影响。鉴于长期缺乏进行此类评估的面板数据，不同版本的创新调查的重复横截面数据被用来生成一个伪面板，其中公司根据经济他们所属的部门。使用带有工具变量的伪面板的线性和 Tobit 模型估计的结果表明，公共资金用于创新对创新支出强度和创新销售百分比具有正向且显着的影响，