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. Consequently, the goal of our evaluation is to assess the impact of the policy on equity, debt and employment. Using various …
Persistent link: https://www.econbiz.de/10012167050
impact of public technology policies on innovation of firms located in Eastern Germany. The main question is whether public … funding stimulates innovation activities or whether crowding-out effects between public and private means occur. A … companies would have invested remarkably less if they had not participated in public innovation policy schemes. …
Persistent link: https://www.econbiz.de/10013428385
This study analyzes the effects of public R&D policy schemes on the innovation activities of firms located in Eastern … their innovation activities by about four percentage points. …
Persistent link: https://www.econbiz.de/10013428392
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In evaluating the effectiveness of R&D subsidies, the literature has focused on potential crowding out effects, while the possibility of misappropriation of public funds that results from moral hazard behavior has been completely neglected. This study develops a theoretical framework with which...
Persistent link: https://www.econbiz.de/10012661468
We investigate the misappropriation of R&D subsidies and evaluate its consequences for policy effectiveness. Using Chinese firm-level data for 2001-2011, we identify that 42% of grantees misused R&D subsidies, accounting for 53% of total R&D subsidies. Misappropriation leads to a substantial...
Persistent link: https://www.econbiz.de/10013175474
The Flemish government launched its Spearhead Cluster (SHC) policy in 2017. The aim is to boost strategic sectors by setting up cluster initiatives which coordinate collaborative R&D initiatives. In this paper, we analyze whether becoming a member of such a cluster initiative has an impact on...
Persistent link: https://www.econbiz.de/10014566745
This paper investigates the impact of Public Procurement of Innovation (PPI) and Research and Development (R&D) grants …’ awareness against a blanket increase in innovation policies without considering potential interactions. …
Persistent link: https://www.econbiz.de/10015048492