LEANZ, Law and Economics in New Zealand

Next Wellington Seminar

Next Wellington Seminar


Topic: The impact of R&D subsidy on innovation: evidence from New Zealand firms

Speaker: Trinh Le

Date:  11 May 2016, from 5:30 p.m. for refreshments, with a 6 p.m. seminar start, at Russell McVeagh, level 24, 157 Lambton Quay, Wellington

RSVP: andreas.heuser@treasury.govt.nz


About the topic:

Trinh Le and Adam Jaffe carried out a study to examine the impact of government subsidy through R&D grants on innovation output for firms in New Zealand. Using a large database that links administrative and tax data with survey data, they find that R&D grants have a stronger effect on more novel innovation (e.g. applying for a patent or introducing new products to the world) than on incremental innovation (e.g. any product innovation) and that larger, project-based grants are more effective at promoting innovation than smaller, non-project-specific grants. There is little evidence that R&D grants have differential effects between smaller (<50 employees) and larger firms.


About the speaker:

Trinh Le is a fellow at Motu Economic and Public Policy Research. She holds a PhD from the University of Canterbury. Before joining Motu in 2014, Trinh was a Research Fellow at Melbourne Institute of Applied Economic and Social Research (University of Melbourne), and a consultant to the World Bank. Previously she worked at New Zealand Institute of Economic Research (NZIER) and the New Zealand Treasury. Trinh is interested in applied microeconomics, particularly in the areas of labour markets, education and development. At Motu, Trinh is currently working on firm productivity in New Zealand.

Lawyers may note that if this seminar is part of your learning objectives in your CPDPR, then the seminar can count for 1 hour of your 10 CPD hours.



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