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The increasing commercialization of university discoveries has initiated a controversy on the impacts for future scientific research. It has been argued that an increasing orientation towards commercialization may have a negative impact on more fundamental research efforts in science. Several...
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trade induced real income gains while the FDI related and innovation induced benefits have been largely neglected, although … knowledge production function has to be considered in order to analyze FDI and innovation dynamics - and this can then be linked …. Time series data analysis for Germany indicates additionally that FDI induced higher innovation dynamics will raise output …
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This paper analyzes the effects of public R&D subsidies on R&D expenditure in the German manufacturing sector. The focus is on the question whether public R&D funding stimulates or crowds out private investment. Cross sectional data at the firm level is used. By apllying parametric and...
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