This study investigates the impact of R&D subsidies on R&D investment during the past financial crisis. We conduct a … treatment effects analysis and show that R&D subsidies increased R&D spending among subsidized small and medium sized firms in …, smaller than in other years. This temporary decrease may be caused by an altered innovation subsidy scheme in crisis years or …

The paper analyses how context and time dependent factors determine the impulse of R&D subsidies on firm behavior with …

substitution effects or general innovation outcome measures, but we are interested in knowing where the policy effect is highest …: on innovation close to the market (i.e. incremental innovation) or on innovation that is still far from the market and … market failure is highest, that is, for radical innovation. Taking into account that the Swiss funding agency encourages …

as output additionality. Our results show that the targeted public subsidies trigger R&D spending, especially so in … on innovation performance. The results confirm that the publicly-induced R&D is productive as it translates into …

obtained, we find superiority for national funding. -- Subsidies ; Innovation ; Policy Evaluation ; Treatment Effects … heterogeneous treatments, distinguishing and simultaneously analyzing the effect these treatments have on innovation input and … received, EU grants have higher effects. In terms of output, holding innovation expenditures constant, funding from both …

heterogeneous treatments, distinguishing and simultaneously analyzing the effect these treatments have on innovation input and … received, EU grants have higher effects. In terms of output, holding innovation expenditures constant, funding from both …

We investigate whether the impact of direct support for business investment in R&D and innovation varies over the … investment in innovation is pro-cyclical, it is counter-cyclical in terms of the employee-time allocation to innovation …

We investigate whether the impact of direct support for business investment in R&D and innovation varies over the … investment in innovation is pro-cyclical, it is counter-cyclical in terms of the employee-time allocation to innovation …

to investigate possible crowdingout effects on the input side of the innovation process. Different specifications of R …

heterogeneous treatments, distinguishing and simultaneously analyzing the effect these treatments have on innovation input and … received, EU grants have higher effects. In terms of output, holding innovation expenditures constant, funding from both …