Skip to content Skip to navigation
University of Warwick
  • Study
  • |
  • Research
  • |
  • Business
  • |
  • Alumni
  • |
  • News
  • |
  • About

University of Warwick
Publications service & WRAP

Highlight your research

  • WRAP
    • Home
    • Search WRAP
    • Browse by Warwick Author
    • Browse WRAP by Year
    • Browse WRAP by Subject
    • Browse WRAP by Department
    • Browse WRAP by Funder
    • Browse Theses by Department
  • Publications Service
    • Home
    • Search Publications Service
    • Browse by Warwick Author
    • Browse Publications service by Year
    • Browse Publications service by Subject
    • Browse Publications service by Department
    • Browse Publications service by Funder
  • Help & Advice
University of Warwick

The Library

  • Login
  • Admin

Knowledge to money : assessing the business performance effects of publicly-funded R&D grants

Tools
- Tools
+ Tools

Vanino, Enrico, Roper, Stephen and Becker, Bettina (2019) Knowledge to money : assessing the business performance effects of publicly-funded R&D grants. Research Policy, 48 (7). pp. 1714-1737. doi:10.1016/j.respol.2019.04.001

[img]
Preview
PDF
WRAP-knowledge-money-assessing-business-performance-effects-Roper-2019.pdf - Published Version - Requires a PDF viewer.
Available under License Creative Commons Attribution 4.0.

Download (2752Kb) | Preview
[img]
Preview
PDF
WRAP-assessing-business-performance-effects-publicly-funded-R&D-grants-Roper-2019.pdf - Accepted Version - Requires a PDF viewer.

Download (2000Kb) | Preview
Official URL: https://doi.org/10.1016/j.respol.2019.04.001

Request Changes to record.

Abstract

UK Research Councils (UKRCs) spend around £3bn pa supporting R&D and innovation. We provide a comprehensive assessment of these grants on the performance of participating UK firms, using data on all projects funded by UKRCs over the 2004 to 2016 period and applying a propensity score matching approach. We exploit the richness of the data available in the Gateway to Research database by investigating the heterogeneous effect of these projects across several novel directions which have not been explored before. We find a positive effect on the employment and turnover growth of participating firms, both in the short and in the medium term. Exploring impacts across different types of firms we find stronger performance impacts for firms in R&D intensive industries and for smaller and less productive firms. We also consider how impacts vary depending on the characteristics of the funded research projects in terms of partners characteristics, receipt of other research grants and grant value. Finally, we focus on the different sources of grants, analysing in particular the evolution in the funding strategy of Innovate UK. Our results have implications for the extent and targeting of future Research Council funding both in the UK and elsewhere.

Item Type: Journal Article
Subjects: H Social Sciences > HJ Public Finance
Divisions: Faculty of Social Sciences > Warwick Business School > Entrepreneurship, Innovation & Management
Faculty of Social Sciences > Warwick Business School
Library of Congress Subject Headings (LCSH): Research grants, Business enterprises -- Finance
Journal or Publication Title: Research Policy
Publisher: Elsevier BV
ISSN: 0048-7333
Official Date: 10 April 2019
Dates:
DateEvent
10 April 2019Available
1 April 2019Accepted
Volume: 48
Number: 7
Page Range: pp. 1714-1737
DOI: 10.1016/j.respol.2019.04.001
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Open Access
RIOXX Funder/Project Grant:
Project/Grant IDRIOXX Funder NameFunder ID
ES/K006614/1[ESRC] Economic and Social Research Councilhttp://dx.doi.org/10.13039/501100000269
Related URLs:
  • Publisher

Request changes or add full text files to a record

Repository staff actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics

twitter

Email us: wrap@warwick.ac.uk
Contact Details
About Us