This paper reconsiders the explanation of R&D subsidies by Spencer and Brander (1983) and others by allowing firms to license their innovations and to pool their R&D investments. We show that in equilibrium R&D joint ventures are formed and licensing occurs in a way that eliminates the strategic...

The granting of publicly subsidized joint projects has become a popular policy instrument in Germany and other developed countries. However, little is known about how an emerging subsidization network affects the overall allocation process of further project grants. Employing a database that...

Der vorliegende Bericht stellt in einer "Zwischenbilanz" die zentralen Ergebnisse der Erweiterten Erfolgskontrolle des Programms zur Förderung der IGF dar. Diese Evaluation wurde vom RWI Essen und der Wirtschafts- und Sozialforschung Kerpen (WSF) im Zeitraum Juni 2005 bis Juli 2007 im Auftrag...

This study analyses the effectiveness of targeted public support for R&D investment. In particular, we test whether the specific policy design aiming at incentivizing (international) collaboration and R&D in small and mediumsized firms achieves the desired objectives on input as well as output...