Trunschke, Markus; Peters, Bettina; Czarnitzki, Dirk; … - 2023 - This version: 2.6.2023
The COVID-19 pandemic has affected firms in many economies. Exploiting treatment heterogeneity, we use a difference-in-differences design to causally identify the short-run impact of COVID-19 on innovation spending in 2020 and expected innovation spending in subsequent years. Based on a...
