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http://hdl.handle.net/10419/48878
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| Title: | | Innovation subsidies: Does the funding source matter for innovation intensity and performance? Empirical evidence from Germany  |
| Authors: | | Czarnitzki, Dirk Lopes Bento, Cindy |
| Issue Date: | | 2011 |
| Series/Report no.: | | ZEW Discussion Papers 11-053 |
| 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. |
| Subjects: | | Subsidies Innovation Policy Evaluation Treatment Effects Nonparametric matching estimation |
| JEL: | | C14 H50 O38 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des ZEW ZEW Discussion Papers
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