Browsing by Author Gabriel I., Penagos-Londoño

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  • Authors: Mónica, Espinosa-Blasco; Gabriel I., Penagos-Londoño; Felipe, Ruiz-Moreno;  Advisor: -;  Co-Author: - (2023)

    Gaining more insights on how R&D&i subsidies are allocated is highly relevant for companies and policymakers. This article provides new evidence of the identification of some key drivers for companies participating in R&D&i project selection processes. It extends the existing literature by providing insight based on sophisticated, accurate methodology. A metaheuristic optimization algorithm is employed to select the most useful variables. Their importance is then ranked using a machine learning process, namely a random forest. A sample of 1252 cases of R&D&i subsidies is used for more than 800 companies based in Spain between 2014 and 2018.