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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 
Year:  2011 Issue: 50 Language: Italian 
Pages:  14 Pg. 127-140 FullText PDF:  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, in "RIV Rassegna Italiana di Valutazione" 50/2011, pp. 127-140, DOI:10.3280/RIV2011-050008


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