This paper integrates innovation input and output effects of R&D subsidies into a modified Crépon–Duguet–Mairesse (CDM …

Financing constraints have been discussed as a major obstacle to innovation. Small and mediumsized enterprises and … sense and as instruments for financing innovation. It also discusses implications of these developments for public policy …

impact of public technology policies on innovation of firms located in Eastern Germany. The main question is whether public … funding stimulates innovation activities or whether crowding-out effects between public and private means occur. A non … companies would have invested remarkably less if they had not participated in public innovation policy schemes. …

This study analyzes the effects of public R&D policy schemes on the innovation activities of firms located in Eastern … innovation activities by about four percentage points. …

innovative activities of German service firms. We investigate whether firms that receive public subsidies for innovation projects … innovative activities. The more grants a firm has received in the past, the more it invests in current innovation projects …