SciELO - Scientific Electronic Library Online

vol.64 issue1Antecedents of revisited intention : Evidence from Indonesia zoo tourismValuation of an investment project in research and development in the pharmaceutical industry author indexsubject indexsearch form
Home Pagealphabetic serial listing  

Services on Demand




Related links

  • Have no similar articlesSimilars in SciELO


Contaduría y administración

Print version ISSN 0186-1042


MARDONES, Cristian  and  ZAPATA, Annabella. Determinants of public funding for innovation in Chilean firms. Contad. Adm [online]. 2019, vol.64, n.1. ISSN 0186-1042.

In this study, different versions of the Innovation Surveys carried out in Chile are used to evaluate the factors that would explain the obtaining of public funding for innovative activities. In order to achieve this, the estimated results from binary election models are contrasted with cross-sectional and pseudo-panel data. It is concluded that with pseudo-panel data it is possible to identify some relevant factors not observed with cross-sectional data, for example those firms that invest in training their workers in R&D activities in the previous year have lower probabilities of obtaining public funding. In addition, the foreign firms have greater probabilities of achieving funding than national firms. The most striking result is that larger firms have greater probability of obtaining public funding, which is contradictory when considering that many public programs declare that they are aimed to support SMEs.

Keywords : Pseudo-panel; Probit; Public funding.

        · abstract in Spanish     · text in English     · English ( pdf )