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

• Survival Analysis
• Innovation
• Public policy
• Program Evaluation
• Economics
• Commercialization
• Advanced Technology Program
• Subsidy

DOI

• https://doi.org/10.17615/wsc1-7b82

Resource type

• Dissertation

Rights statement

• In Copyright

Advisor

• Anderson, Gary
• Cross, Jason
• Feldman, Maryann
• Moulton, Jeremy
• Gitterman, Daniel

Degree

• Doctor of Philosophy

Degree granting institution

• University of North Carolina at Chapel Hill Graduate School

Graduation year

• 2016

Language

• English

Parents:

This work has no parents.

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