In Germany, R&D subsidies are an important tool to support innovation in the private sector. This paper studies the … 2011. The analysis is based on a structural model of the R&D subsidy process which allows to estimate the benefits of R … of the subsidy on the federal government’s utility as well as on firm profits. Assuming a welfare-maximizing federal …

highest for independent high-tech firms. The indirect effect of subsidies on R&D output is evaluated within a patent …

that the larger companies benefit from a higher likelihood of a subsidy receipt is offset by the phenomenon that smaller …

&D investments trigger significant output effects, we find that the effect of subsidy-induced R&D investment is higher for firms that …

R&D investment. In addition, results point to positive output effects of both purely privately funded and subsidy …–induced R&D. Furthermore, we do not find evidence of a premium or discount of subsidy–induced R&D in terms of its marginal …

Germany during the crisis years. In the first crisis year, the additionality effect induced by public support was, however …, smaller than in other years. This temporary decrease may be caused by an altered innovation subsidy scheme in crisis years or … by a different innovation investment behavior of the subsidy recipients. We do not find support for the countercyclical …

This study focuses on the impact of innovation policies and R&D collaboration in Germany and Finland. We consider … collaboration and subsidies as heterogeneous treatments, and perform an econometric matching to analyze R&D and patent activity at … the firm level. In general, we find that collaboration has positive effects. In Germany, subsidies for individual research …

This study focuses on the impact of innovation policies and R&D collaboration in Germany and Finland. We consider … collaboration and subsidies as heterogeneous treatments, and perform an econometric matching to analyze R&D and patent activity at … the firm level. In general, we find that collaboration has positive effects. In Germany, subsidies for individual research …

sources display higher sales of market novelties and future patent applications at the firm level. If only one grant is …

this paper we exploit a novel dataset of patent applications filed in Germany between 1995-2005, which allows us to … identify if a patent application stems from a subsidized project or not. We use a variety of patent indicators to elucidate to … what extent successful subsidized and non-subsidized R&D projects within the same firm differ. Results show that patent …