The paper deals with a new approach in German innovation policy that organizes contests of initiatives for public funds. Based on an overview of the different programs we investigate the advantages and problems of such an approach. We find that this type of policy may have a large impact and...

Ten years after German reunification the economic situation in the new Federal Länder is still unsatisfactory. New approaches are being sought in promotional policy so that the weaknesses that are known or suspected can be better targeted and removed. One of these weaknesses is the lack of...