What is it about?

Our purpose is to estimate the impact of one productive development program (PROPYME) in a developing nation like Costa Rica. This program seeks to increase the capacity of small and medium-sized firms (SMEs) to innovate.

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Why is it important?

Many countries have been interested in undertaking policies that promote investments in research and development (R&D) and other innovation-related activities by local firms due to the existence of market failures. However, this increase in policies aimed at fostering innovation through R&D activities, has not been matched, in the same magnitude, by actions to measure the impact .

Perspectives

Public policy decisions is never easy. Having scientific information for it is essential. Trying to provide this information was part of our goal in this paper.

Juan Carlos Leiva
Instituto Tecnólogico de Costa Rica

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This page is a summary of: An impact evaluation of a fund to finance innovation in SMEs, Academia Revista Latinoamericana de Administración, March 2016, Emerald,
DOI: 10.1108/arla-02-2015-0041.
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