Hipp, Ann; Kalthaus, Martin - In: Small Business Economics 66 (2026) 3, pp. 1233-1262
We analyze how patents, R&D subsidies, and subsidized R&D collaborations influence firm survival in the German photovoltaics industry. We collected data on 154 firms, covering the whole industry life cycle from the emergence of the industry in 1964 until 2016, including the industry’s shakeout...