The Longer Term Effects of Federal Subsidies on Firm Commercialization and Survival:Evidence from the Advanced Technology Program Public Deposited
- Last Modified
- March 20, 2019
- Creator
-
Smith, Daniel
- Affiliation: College of Arts and Sciences, Department of Public Policy
- Abstract
- The goal of this dissertation is to determine the longer term (5-10 year) causal impact of federal R&D subsidies on firms’ survival outcomes and commercialization behavior. The data are small firms which applied to the 1998-2000 Advanced Technology Program (ATP) competitions. A variant of the research design pioneered by Heckman (1979) allows for inherent pre-award differences between awarded and non-awarded firms to be taken into account. This dissertation finds that receiving an ATP award has a positive and significant causal impact on a firm’s survival chances and new product announcements, but not on the more general likelihood of it commercializing any of its research.
- Date of publication
- May 2016
- Keyword
- DOI
- Resource type
- Rights statement
- In Copyright
- Advisor
- Anderson, Gary
- Gitterman, Daniel
- Cross, Jason
- Moulton, Jeremy
- Feldman, Maryann
- Degree
- Doctor of Philosophy
- Degree granting institution
- University of North Carolina at Chapel Hill Graduate School
- Graduation year
- 2016
- Language
- Parents:
This work has no parents.
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