Rammer, Christian - In: Vierteljahrshefte zur Wirtschaftsforschung 80 (2011) 3, pp. 13-34
The massive economic crisis 2008/09 had substantial impacts on the innovation activities of the German economy. The … loss in sales and profits resulted in a sharp decline of innovation expenditure. While capital expenditure for new products … and improved processes were cut substantially, R&D budgets basically remained unchanged. Firms with innovation and R …