Title: The effects of public R&D subsidies on firms' innovation activities: The case of Eastern Germany
Authors: Almus, M ×
Czarnitzki, Dirk #
Issue Date: Apr-2003
Publisher: American Statistical Association
Series Title: Journal of Business and Economic Statistics vol:21 issue:2 pages:226-236
Abstract: This study analyzes the effects of public R&D policy schemes on the innovation activities of firms in Eastern Germany.-The main question in this context is whether public funds stimulate R&D activities or simply crowd out privately financed R&D. Empirically, we investigate the average causal effects of all public R&D schemes in Eastern Germany using a nonparametric matching approach. Compared to the case in which no public financial means are provided, it turns out that firms increase their innovation activities by about four percentage points.
ISSN: 0735-0015
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Non-KU Leuven Association publications
× corresponding author
# (joint) last author

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