Senior Economist, Innovation, Technology and Entrepreneurship Global Practice, the World Bank Group

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What I do

Leonardo Iacovone is a Lead Economist at the World Bank's Trade and Competitiveness Global Practice. He is engaged in analytical, operational and impact evaluation work in the areas of microeconomic determinants of growth, related to innovation and entrepreneurship. His research has been published in various journals such as Economic Journal, Journal of Development Economics, Journal of International Economics, World Development, World Economy and Industrial and Corporate Change.

Governments in developing and developed countries frequently use policy tools such as matching grants to promote growth and innovation of small and medium enterprises (SMEs). A matching grant is a type of subsidy where firms commit to invest money in certain activities once the government grant is received. International aid and multilateral organizations also promote matching grants as a private sector development policy; for example, the World Bank has invested at least $1.2 billion dollars in matching grant programs targeting SMEs.
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David Atkin
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Saturday, 23 September 2017
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