Almus, Matthias; Czarnitzki, Dirk - In: Journal of Business & Economic Statistics 21 (2003) 2, pp. 226-36
This study analyzes the effects of public R&D policy schemes on the innovation activities of firms 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 causal...