Innovation subsidies: does the funding source matter for innovation intensity and performance? : Empirical evidence from Germany


Czarnitzki, Dirk ; Lopes Bento, Cindy


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URL: https://ub-madoc.bib.uni-mannheim.de/29518
Additional URL: http://www.zew.de/de/publikationen/publikation.php...
URN: urn:nbn:de:bsz:180-madoc-295180
Document Type: Working paper
Year of publication: 2011
The title of a journal, publication series: ZEW Discussion Papers
Volume: 11-053
Place of publication: Mannheim
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: C14 , H50 , O38,
Subject headings (SWD): EU , Innovationspolitik , Subvention , Wirkungsanalyse , Innovation , Unternehmensentwicklung , Schätzung
Keywords (English): Subsidies , innovation , policy evaluation, treatment effects , nonparametric matching estimation
Abstract: Applying a variant of a non-parametric matching estimator, we consider European funding and national funding as heterogeneous treatments, distinguishing and simultaneously analyzing the effect these treatments have on innovation input and performance. In terms of input, getting funding from both sources yields the highest impact. If funding from only one source is received, EU grants have higher effects. In terms of output, holding innovation expenditures constant, funding from both sources display higher sales of market novelties and future patent applications at the firm level. If only one grant is obtained, we find superiority for national funding.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Czarnitzki, Dirk ; Lopes Bento, Cindy (2011) Innovation subsidies: does the funding source matter for innovation intensity and performance? : Empirical evidence from Germany. Open Access ZEW Discussion Papers Mannheim 11-053 [Working paper]
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