%0 Journal Article %T Analyzing the Interaction between R&D Subsidies and Firm¡¯s Innovation Strategy %A Afcha %A Sergio %J Journal of technology management & innovation %D 2012 %I Universidad Alberto Hurtado %R 10.4067/S0718-27242012000300006 %X innovation and technology policies provide positive incentives to the firms to perform r&d activities. this article examines the decision of internal and external r&d expenditures of subsidized firms, estimating the impact of r&d subsidies on firms performing different innovation strategies. the spanish survey on business strategy for manufacturing firms (esee) is used for the period 1998-2005. results show that determinants of pure internal or external r&d expenditures obey to different motivations, affecting in consequence, the impact of the subsidies on firms adopting different sources of knowledge. %K innovation strategy %K policy evaluation %K r & d subsidies %K treatment effects model %K internal-external r & d. %U http://www.scielo.cl/scielo.php?script=sci_abstract&pid=S0718-27242012000300006&lng=en&nrm=iso&tlng=en