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schemes. For this, a treatment effects analysis is conducted in a first step. The results are implemented into the estimation …
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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...
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R&D investment. In addition, results point to positive output effects of both purely privately funded and subsidy …–induced R&D. Furthermore, we do not find evidence of a premium or discount of subsidy–induced R&D in terms of its marginal …
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