Brautzsch, Hans-Ulrich; Günther, Jutta; Loose, Brigitte; … - In: Research Policy 44 (2015) 3, pp. 623-633
During the economic crisis of 2008 and 2009, governments in Europe stabilized their economies by means of fiscal policy. After decades of absence, deficit spending was used to counteract the heavy decline in demand. In Germany, public spending went partially into R&D subsidies in favor of small...