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IMPACT OF PUBLIC FUNDING ON A FIRM'S INNOVATION PERFORMANCE: ANALYSIS OF INTERNAL AND EXTERNAL MODERATING FACTORS

JOSE ALBORS-GARRIGOS

Universidad Politecnica de Valencia, Camino de Vera, s.n., 46022 Valencia, Spain

Corresponding author.

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ROSA RODRIGUEZ BARRERA

Universidad Politecnica de Valencia, Camino de Vera, s.n., 46022 Valencia, Spain

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https://doi.org/10.1142/S136391961100374XCited by:30 (Source: Crossref)

Abstract

This paper analyses the effect of public subsidies on a firm's innovation performance. The research aims at filling two research gaps. First, it will try to analyse the effect of public source funding directly on a firm's innovation performance analysing not the effects on R&D investment or intensity but on the final results of the innovative effort, its outcome. Secondly, it will examine the mediating effects of various (internal and external to the firm innovative behaviour) factors which influence the whole innovation process and, though have been identified by literature, its effects have not yet been properly quantified.

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