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All (4) ((4 results))

  • 1. Impact assessment of business innovation and growth support programs on firm performance in Canada using the CDM model
    Articles and reports: 18-001-X2024002
    Description: This study examined the impact of federal business innovation and growth support (BIGS) programs on firm financial performance measured using revenue, profit and employment metrics. Using Statistics Canada’s Business Linkable File Environment data, the study observed the effects of BIGS on exporting versus non-exporting firms and Canadian- versus U.S.-owned firms from 2015 to 2020. Unlike previous studies that relied mainly on survey data, one significant aspect of this research was the use of a new dataset, enabling panel data structures and models to be employed. To assess the impact of BIGS and research and development spending on three interrelated measures of firm financial performance, the CDM (Crépon et al., 1998) framework was adopted.
    Release date: 2024-04-25
  • 2. Federal business innovation and growth support to Canadian exporters, 2021
    Stats in brief: 11-627-M2024011
    Description: This infographic examines Canadian exporters in 2021 that have been funded by the federal government through Business Innovation and Growth Support (BIGS) programs. Data is presented by program, countries of export, industry and comparison highlights.
    Release date: 2024-03-15
  • 3. The Impact of Business Innovation and Growth Support on Employment and Revenue of Manufacturing Enterprises, 1 to 3 Years After Receipt of Support
    Articles and reports: 18-001-X2021001
    Description:

    The federal government offers business innovation and growth support through program streams managed by its departments and agencies. In 2017, enterprises in the manufacturing sector accounted for almost one-quarter of the beneficiaries of this support and received almost one-third of the total value of support (Statistics Canada, 2020). The objective of this analysis is to assess the impact of federal growth and innovation support on the employment and revenue of beneficiary enterprises in the manufacturing sector between 2007 and 2017. This analysis suggests that enterprises that received federal support for growth and innovation experienced stronger employment and revenue growth relative to non-beneficiary enterprises. Over the three years following receipt of support, employment growth for beneficiary enterprises averaged 1.8% per year while, on average, enterprises that did not receive support experienced employment declines. Over the same period, the average annual revenue growth of beneficiary enterprises was higher than that of non-beneficiary enterprises by 4.6 percentage points.

    Release date: 2021-04-29
  • 4. Beneficiaries of federal business innovation and growth support programs, 2018 Archived
    Stats in brief: 11-627-M2020087
    Description:

    This infographic uses data from the Business Innovation and Growth Support and Linkable File Environment. It shows the relative distribution of beneficiaries and value of federal support related to business innovation and growth in 2018 by employment size, revenue size and industry.

    Release date: 2020-12-03
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  • 1. Impact assessment of business innovation and growth support programs on firm performance in Canada using the CDM model
    Articles and reports: 18-001-X2024002
    Description: This study examined the impact of federal business innovation and growth support (BIGS) programs on firm financial performance measured using revenue, profit and employment metrics. Using Statistics Canada’s Business Linkable File Environment data, the study observed the effects of BIGS on exporting versus non-exporting firms and Canadian- versus U.S.-owned firms from 2015 to 2020. Unlike previous studies that relied mainly on survey data, one significant aspect of this research was the use of a new dataset, enabling panel data structures and models to be employed. To assess the impact of BIGS and research and development spending on three interrelated measures of firm financial performance, the CDM (Crépon et al., 1998) framework was adopted.
    Release date: 2024-04-25
  • 2. Federal business innovation and growth support to Canadian exporters, 2021
    Stats in brief: 11-627-M2024011
    Description: This infographic examines Canadian exporters in 2021 that have been funded by the federal government through Business Innovation and Growth Support (BIGS) programs. Data is presented by program, countries of export, industry and comparison highlights.
    Release date: 2024-03-15
  • 3. The Impact of Business Innovation and Growth Support on Employment and Revenue of Manufacturing Enterprises, 1 to 3 Years After Receipt of Support
    Articles and reports: 18-001-X2021001
    Description:

    The federal government offers business innovation and growth support through program streams managed by its departments and agencies. In 2017, enterprises in the manufacturing sector accounted for almost one-quarter of the beneficiaries of this support and received almost one-third of the total value of support (Statistics Canada, 2020). The objective of this analysis is to assess the impact of federal growth and innovation support on the employment and revenue of beneficiary enterprises in the manufacturing sector between 2007 and 2017. This analysis suggests that enterprises that received federal support for growth and innovation experienced stronger employment and revenue growth relative to non-beneficiary enterprises. Over the three years following receipt of support, employment growth for beneficiary enterprises averaged 1.8% per year while, on average, enterprises that did not receive support experienced employment declines. Over the same period, the average annual revenue growth of beneficiary enterprises was higher than that of non-beneficiary enterprises by 4.6 percentage points.

    Release date: 2021-04-29
  • 4. Beneficiaries of federal business innovation and growth support programs, 2018 Archived
    Stats in brief: 11-627-M2020087
    Description:

    This infographic uses data from the Business Innovation and Growth Support and Linkable File Environment. It shows the relative distribution of beneficiaries and value of federal support related to business innovation and growth in 2018 by employment size, revenue size and industry.

    Release date: 2020-12-03
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