Hottenrott, Hanna; Rexhäuser, Sascha - Düsseldorf Institute for Competition Economics (DICE), … - 2013
innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating …. However, we do not find negative effects on the number of ongoing R&D projects, investments in innovation-related fixed assets … or on the outcome of innovation projects. Likewise, for firms with subsidy-backed environmental innovations no crowding …