Evaluating the Impact of Technology Development Funds in Emerging Economies: Evidence from Latin America
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This paper is part of the project: "IDB's Science and Technology Programs: An Evaluation of the Technology Development Funds (TDF) and Competitive Research Grants (CRG)," by the Office of Evaluation and Oversight (OVE) of the Inter-American Development Bank (IDB). We are grateful to Bertha Briceño and Diego Ubfal, who worked on the OVE evaluation project and to Pierre Mohnen, Inder Ruprah and Yuri Soares for useful discussions as well as to two anonymous referees. The first author thanks the Institute of Innovation Research, Hitotsubashi University, for hospitality. The findings and interpretation of the authors do not necessarily represent the views of Inter-American Development Bank or the National Bureau of Economic Research.