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 .
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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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