Hud, Martin; Hussinger, Katrin - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014
, smaller than in other years. This temporary decrease may be caused by an altered innovation subsidy scheme in crisis years or … by a different innovation investment behavior of the subsidy recipients. We do not find support for the countercyclical … innovation subsidy scheme having caused the smaller additionality effect and conclude that it is likely to be driven by subsidy …