Bidding against the odds?: the impact evaluation of grants for young micro and small firms during the recession
Gespeichert in:
| Beteiligte Personen: | , , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Regensburg
Leibniz Institute for Eastern and Southeastern European Studies
July 2018
|
| Schriftenreihe: | IOS working papers
No. 374 |
| Links: | http://www.dokumente.ios-regensburg.de/publikationen/wp/wp_374.pdf |
| Abstract: | Impact evaluations of entrepreneurship policies targeting young firms have been somewhat neglected thus far in the literature. While most research studies focus on the impact of research and development (R&D) grants, a larger percentage of young firms would benefit from grants that assist them in other activities. In this paper we examine the impact of small business development grants on survival and performance of young firms. We study this topic in the context of a long recession in Croatia (2009 to 2014), which makes it possible to better observe the effect of the public instrument intervention. As the grants were too small to produce any direct effects, the positive effects were achieved indirectly, through enabling young firms to get bank loans, either by means of certification effect or because of behavioural additionality which raised their ability to apply for loans. The results show positive impact on firm survival after the recession. |
| Umfang: | 1 Online-Ressource (v, 30 Seiten) |
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| 490 | 1 | |a IOS working papers |v No. 374 | |
| 520 | 3 | |a Impact evaluations of entrepreneurship policies targeting young firms have been somewhat neglected thus far in the literature. While most research studies focus on the impact of research and development (R&D) grants, a larger percentage of young firms would benefit from grants that assist them in other activities. In this paper we examine the impact of small business development grants on survival and performance of young firms. We study this topic in the context of a long recession in Croatia (2009 to 2014), which makes it possible to better observe the effect of the public instrument intervention. As the grants were too small to produce any direct effects, the positive effects were achieved indirectly, through enabling young firms to get bank loans, either by means of certification effect or because of behavioural additionality which raised their ability to apply for loans. The results show positive impact on firm survival after the recession. | |
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| spelling | Srhoj, Stjepan aut Bidding against the odds? the impact evaluation of grants for young micro and small firms during the recession Stjepan Srhoj, Bruno Škrinjarić, and Sonja Radas Regensburg Leibniz Institute for Eastern and Southeastern European Studies July 2018 1 Online-Ressource (v, 30 Seiten) txt rdacontent c rdamedia cr rdacarrier IOS working papers No. 374 Impact evaluations of entrepreneurship policies targeting young firms have been somewhat neglected thus far in the literature. While most research studies focus on the impact of research and development (R&D) grants, a larger percentage of young firms would benefit from grants that assist them in other activities. In this paper we examine the impact of small business development grants on survival and performance of young firms. We study this topic in the context of a long recession in Croatia (2009 to 2014), which makes it possible to better observe the effect of the public instrument intervention. As the grants were too small to produce any direct effects, the positive effects were achieved indirectly, through enabling young firms to get bank loans, either by means of certification effect or because of behavioural additionality which raised their ability to apply for loans. The results show positive impact on firm survival after the recession. Škrinjarić, Bruno aut Radas, Sonja aut IOS working papers No. 374 (DE-604)BV040033175 374 http://www.dokumente.ios-regensburg.de/publikationen/wp/wp_374.pdf Verlag kostenfrei |
| spellingShingle | Srhoj, Stjepan Škrinjarić, Bruno Radas, Sonja Bidding against the odds? the impact evaluation of grants for young micro and small firms during the recession IOS working papers |
| title | Bidding against the odds? the impact evaluation of grants for young micro and small firms during the recession |
| title_auth | Bidding against the odds? the impact evaluation of grants for young micro and small firms during the recession |
| title_exact_search | Bidding against the odds? the impact evaluation of grants for young micro and small firms during the recession |
| title_full | Bidding against the odds? the impact evaluation of grants for young micro and small firms during the recession Stjepan Srhoj, Bruno Škrinjarić, and Sonja Radas |
| title_fullStr | Bidding against the odds? the impact evaluation of grants for young micro and small firms during the recession Stjepan Srhoj, Bruno Škrinjarić, and Sonja Radas |
| title_full_unstemmed | Bidding against the odds? the impact evaluation of grants for young micro and small firms during the recession Stjepan Srhoj, Bruno Škrinjarić, and Sonja Radas |
| title_short | Bidding against the odds? |
| title_sort | bidding against the odds the impact evaluation of grants for young micro and small firms during the recession |
| title_sub | the impact evaluation of grants for young micro and small firms during the recession |
| url | http://www.dokumente.ios-regensburg.de/publikationen/wp/wp_374.pdf |
| volume_link | (DE-604)BV040033175 |
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