Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/24065 
Year of Publication: 
2004
Series/Report no.: 
ZEW Discussion Papers No. 04-56
Publisher: 
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim
Abstract: 
This paper analyzes the effects of public R&D funding on R&D expenditure and patenting behavior of German firms. The main focus is the direct impact of subsidies on R&D and the indirect effect on innovation output measured by patent applications. We distinguish the productivity of purely privately financed R&D and additional R&D induced by public incentive schemes. For this, a treatment effects analysis is conducted in a first step. The results are implemented into the estimation of a patent production function. It turns out that both purely privately financed R&D and publicly induced R&D show a positive productivity.
Subjects: 
R&D
Subsidies
Patents
Treatment Effects
JEL: 
O38
C30
O31
C14
H23
Document Type: 
Working Paper

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