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Abstract
The article analyzes the institutional design and effects of productive innovation policies implemented by the Argentinian government in the Province of Santa Fe in the period 2002-2012. In order to study the "design", the characteristics of the instruments, target population and their orientation are taken into account; whereas to consider the "effects", it is focused on the level distribution of benefits, the degree of geographical concentration, and the characteristics of the actors who actually have benefited. As a case study, it identifies the Argentine Technology Fund (FONTAR), and the analysis is focused on the period 2002-2012. The research results show that while the tools are demand-oriented instrument, with a design that conceives the population as homogeneous and have a competitive and horizontal distribution of benefits, they tend to concentrate on a few players with significant experience located in the economically more dynamic centers.
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