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Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/43884
Assessing the assignation of public subsidies: Do the experts choose the most efficient R and D projects? [WP]
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[spa] La implementación de un programa de subvenciones públicas a proyectos empresariales de I+D comporta establecer un sistema de selección de proyectos. Esta selección se enfrenta a problemas relevantes, como son la medición del posible rendimiento de los proyectos de I+D y la optimización del proceso de selección entre proyectos con múltiples y a veces incomparables medidas de resultados. Las agencias públicas utilizan mayoritariamente el método peer review que, aunque presenta ventajas, no está exento de críticas. En cambio, las empresas privadas con el objetivo de optimizar su inversión en I+D utilizan métodos más cuantitativos, como el Data Envelopment Análisis (DEA). En este trabajo se compara la actuación de los evaluadores de una agencia pública (peer review) con una metodología alternativa de selección de proyectos como es el DEA.
[eng] The implementation of public programs to support business R and D projects requires the establishment of a selection process. This selection process faces various difficulties, which include the measurement of the impact of the R and D projects as well as selection process optimization among projects with multiple, and sometimes incomparable, performance indicators. To this end, public agencies generally use the peer review method,which, while presenting some advantages, also demonstrates significant drawbacks. Private firms, on the other hand, tend toward more quantitative methods, such as Data Envelopment Analysis (DEA), in their pursuit of R and D investment optimization. In this paper, the performance of a public agency peer review method of project selection is compared with an alternative DEA method.
[eng] The implementation of public programs to support business R and D projects requires the establishment of a selection process. This selection process faces various difficulties, which include the measurement of the impact of the R and D projects as well as selection process optimization among projects with multiple, and sometimes incomparable, performance indicators. To this end, public agencies generally use the peer review method,which, while presenting some advantages, also demonstrates significant drawbacks. Private firms, on the other hand, tend toward more quantitative methods, such as Data Envelopment Analysis (DEA), in their pursuit of R and D investment optimization. In this paper, the performance of a public agency peer review method of project selection is compared with an alternative DEA method.
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DUCH BROWN, Néstor, GARCIA-QUEVEDO, Jose and MONTOLIO, Daniel. Assessing the assignation of public subsidies: Do the experts choose the most efficient R and D projects? [WP]. Documents de treball (Facultat d'Economia i Empresa. Espai de Recerca en Economia). 2008. Vol. E08/207. ISSN 1136-8365. [consulted: 12 of August of 2026]. Available at: https://hdl.handle.net/2445/43884