Fosfuri, AndreaFosfuri, AndreaTribo Gine, José Antonio2009-12-152010-12-202010-12-202009-12Journal of Industrial Economics, 2009, v. 57, nº 4, pp. 736-7670022-1821https://hdl.handle.net/10016/6081We explore the interaction between public support for R&D and appropriability using a dataset constructed from the Spanish Community Innovation Survey, for the period 2000–2005. We find that public support policy is less able to stimulate privately financed internal R&D in firms where appropriability mechanisms are more effective. On average, the effect of public support for R&D is three times larger for those firms reporting a level of appropriability below the median vis-à-vis those firms for which appropriability is above the median level. Furthermore, for supported firms with the highest degree of appropriability, crowding out cannot be ruled out.application/pdftext/plaineng©Blackwellresearch articleEmpresa10.1111/j.1467-6451.2009.00396.xopen access7364767Journal of Industrial Economics57