Animate the cluster or subsidize collaborative R&D? A multiple overlapping treatments approach to assess the impacts of the French cluster policy - Archive ouverte HAL Access content directly
Journal Articles Industrial and Corporate Change Year : 2021

Animate the cluster or subsidize collaborative R&D? A multiple overlapping treatments approach to assess the impacts of the French cluster policy

Abstract

This article examines the effectiveness of the French cluster policy on R&D and innovation in terms of the economic performance of participating SMEs. Based on an original dataset, we built different measures of treatment and extended the DiD methodology to a multiple overlapping treatments approach. Joining a cluster’s association allows firms to benefit from low-cost animation actions and common services, while participating in R&D projects offers substantial financial support. Our findings indicate a complementarity between the two types of instruments since the policy is most effective when the two treatments are simultaneously used. Interestingly, they also show that belonging to a cluster alone induces much stronger positive impacts on R&D spending and on both the R&D and total employment of SMEs than participating in R&D collaborative projects alone. Therefore, to achieve its impact on SMEs, the cluster policy should not overlook low-cost instruments such as animation actions and common services, both as a standalone instrument and as an effective complement to subsidy policies for collaborative R&D projects.
No file

Dates and versions

hal-03222070 , version 1 (10-05-2021)

Identifiers

Cite

Modou Mar, Nadine Massard. Animate the cluster or subsidize collaborative R&D? A multiple overlapping treatments approach to assess the impacts of the French cluster policy. Industrial and Corporate Change, 2021, 30 (4), pp.845-867. ⟨10.1093/icc/dtab002⟩. ⟨hal-03222070⟩
63 View
0 Download

Altmetric

Share

Gmail Mastodon Facebook X LinkedIn More