Public R&D Policy: The Right Turns of the Wrong Screw? The Case of the German Biotechnology Industry


Fier, Andreas ; Heneric, Oliver


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URL: http://ub-madoc.bib.uni-mannheim.de/1177
URN: urn:nbn:de:bsz:180-madoc-11779
Document Type: Working paper
Year of publication: 2005
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: M13 L65 O38 L21 H32 C21 ,
Subject headings (SWD): Deutschland , Innovation , Biotechnologie , Forschung und Entwicklung
Abstract: The German biotechnology industry missed the accession of this key technology in the 1980s. Policy makers make different efforts to overcome shortcomings and recent gaps. Public funding schemes have been implemented to establish a flourish biotech industry in Germany. We assume that R&D policy was driven blind by the idea to catch up with world's biotech leaders and analyse if Germany's R&D policy lost its origins. We do examine, if Germany sacrifice economic funding principles, in particular not discriminating different kinds of 'risk' in the field of biotechnology. The study combines survey data of German biotech companies and public R&D funding data on the firm level. The results shed light on the factors which determine public R&D funding and firm's probability of being funded.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Fier, Andreas ; Heneric, Oliver (2005) Public R&D Policy: The Right Turns of the Wrong Screw? The Case of the German Biotechnology Industry. Open Access [Working paper]
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