Cantner, Uwe; Kösters, Sarah - In: Journal of Innovation Economics n°16 (2015) 1, pp. 7-37
By addressing the effectiveness of entrepreneurship policy this paper attempts to fill a gap in the literature. By using a dataset of highly innovative start-ups in the East German state of Thuringia the impact of R&D subsidies on start-ups? employment growth and their patent output is analyzed....