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in East Germany after reunification. We show that a 1-percentage-point decrease in the subsidy rate leads to a 1 …
Persistent link: https://www.econbiz.de/10012507883
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This paper derives a three stage Cournot duopoly game for research collaboration, research expenditures and product …
Persistent link: https://www.econbiz.de/10013428320
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Recent innovation literature has documented the benefits of cross-pollination of ideas across a wide set of industries and technology fields in an economy. Industrial and trade policies, by contrast, tend to favor economic specialization through the promotion of selected sectors. In this paper...
Persistent link: https://www.econbiz.de/10012150167
This paper develops a three stage oligopoly game for R&D cooperation, R&D expenditure and product market competition. In the first stage, firms decide whether or not to conduct R&D in cooperation with other firms. In the second stage the level of R&D investment is determined. Finally, firms...
Persistent link: https://www.econbiz.de/10001604531
We analyze the impact of subsidies on R&D expenditures in the financial crisis and beyond. The financial crisis has led to considerable turmoil in financing and, as a result, to restrictions of firms' access to external financing. Utilizing this fact, we identify and analyze financing...
Persistent link: https://www.econbiz.de/10012793582
This study analyzes the effects of public R&D policy schemes on the innovation activities of firms located in Eastern Germany. The main question in this context is whether public funds stimulate R&D activities or simply crowd out privately financed R&D. Empirically, we investigate the average...
Persistent link: https://www.econbiz.de/10013428392
Foreign-owned subsidiaries make significant contributions to national Research and Development (R&D) in many host countries. Policymakers often support subsidiaries through R&D grants and R&D tax credits. A key objective of this funding is to leverage R&D-driven firm performance benefits for the...
Persistent link: https://www.econbiz.de/10012816814
implicit in a subsidy encouraging an energy-efficiency investment. In the experiment, participants decide on purchasing a low …-flow showerhead and are either confronted with the introduction of a subsidy or a same-sized price decrease. We find a demand increase … subsidy is introduced. An analysis of the underlying channels rules out changes in beliefs and norm perceptions. Positive …
Persistent link: https://www.econbiz.de/10014311773