Valutazione del processo di autoselezione delle imprese nella fruizione dei fondi pubblici di venture capital
Journal title RIV Rassegna Italiana di Valutazione
Author/s Mariasole Bannò, Torres Miguel Matos, Celeste Varum
Publishing Year 2012 Issue 2011/50 Language Italian
Pages 14 P. 127-140 File size 533 KB
DOI 10.3280/RIV2011-050008
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With a two steps Heckman selection model applied on data collected in Portugal, this paper tests which variables affect firms’ self selection in the request of internationalization support measures launched by the government. The results show that firms’ attitude, skill competencies and needs positively affect awareness while needs and managerial capabilities significantly affect the choice to apply for public funds. Policy makers should be concerned about the existence of self-selection mechanisms among eligible firms as they could reduce the expected impact of support programmes.
Keywords: Financial incentive, internationalisation, firm participation process, self-selection, Heckman selection model
Mariasole Bannò, Torres Miguel Matos, Celeste Varum, Valutazione del processo di autoselezione delle imprese nella fruizione dei fondi pubblici di venture capital in "RIV Rassegna Italiana di Valutazione" 50/2011, pp 127-140, DOI: 10.3280/RIV2011-050008