The Effects of Public R&D Subsidies on Firms' Innovation Activities : The Case of Eastern Germany

This study analyzes the effects of public R&D policy schemes on the innovation activities of firms located in Eastern Germany. The main question in this context is whether public funds stimulate R&D activities or simply crowd out privately financed R&D. Empirically, we investigate the average causal effects of all public R&D schemes in Eastern Germany using a non-parametric matching approach. Compared to the case where no public financial means are provided, it turns out that firms increase their innovation activities by about four percentage points

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Year of publication:	2015
Authors:	Almus, Matthias ; Czarnitzki, Dirk
Publisher:	[S.l.] : SSRN
Subject:	Innovation \| Ostdeutschland \| East Germany \| Industrieforschung \| Industrial research \| Technologiepolitik \| Technology policy \| Forschungsfinanzierung \| Research funding \| Wirkungsanalyse \| Impact assessment \| Subvention \| Subsidy \| Deutschland \| Germany \| Schätzung \| Estimation
Description of contents:	Abstract [papers.ssrn.com]