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Title:Who Gets the Money? The Dynamics of R&D Project Subsidies in Germany PDF Logo
Authors:Aschhoff, Birgit
Issue Date:2009
Series/Report no.:ZEW Discussion Papers 08-018 [rev.]
Abstract:This paper looks at which firms receive R&D project grants and how this public support evolves over time by considering in particular firm's previous participation. The question of the allocation of public R&D funding is becoming particularly important when it comes to identifying the effects of subsidies. Using firm-level data on German manufacturing and knowledge-intensive service firms, it turns out that participation in the funding scheme shows a rather high level of continuity. This is also confirmed by applying a multivariate approach. Firms who received funding in the past are more likely to be selected for public funding again. Moreover, a firm's size and knowledge capabilities increase the probability of entering the scheme. It is also revealed that in an analysis of the allocation of grants it is important to control for the overall supply of corresponding subsidies.
Subjects:R&D
Public Subsidies
Program Participation
Germany
JEL:C20
H32
O38
older Version:http://hdl.handle.net/10419/24712
Document Type:Working Paper
Appears in Collections:Publikationen von Forscherinnen und Forschern des ZEW
ZEW Discussion Papers

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