Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/170583 
Year of Publication: 
2017
Series/Report no.: 
ZEW Discussion Papers No. 17-042
Publisher: 
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim
Abstract: 
Little is known about whether and to what extent the outcome of subsidized and non-subsidized R&D projects differ. In this paper we exploit a novel dataset of patent applications filed in Germany between 1995-2005, which allows us to identify if a patent application stems from a subsidized project or not. We use a variety of patent indicators to elucidate to what extent successful subsidized and non-subsidized R&D projects within the same firm differ. Results show that patent applications from subsidized R&D projects have a higher private value, are more often co-applied, more general, but less original, and have larger inventor teams when compared to all other patent applications filed by the same firms. These differences seem to reflect that thematic R&D programs aim to support collaborative R&D projects that have an immediate economic utilization of results.
Subjects: 
R&D
subsidies
patents
evaluation
project-level analysis
within firm comparison
JEL: 
H25
H50
O31
O34
O38
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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