Cantner, Uwe; Kösters, Sarah - In: Journal of Innovation Economics n°16 (2015) 1, pp. 7-37
using a dataset of highly innovative start-ups in the East German state of Thuringia the impact of R&D subsidies on start …-ups are accounted for by conducting propensity score matching. We find that R&D subsidies lead to an increase in employment … evidence for the additionality of R&D subsidies within the first three business years. Moreover, our analysis points to a …