Promoting Innovation : The Differential Impact of R&D Subsidies

We investigate the effect of R&D subsidies on firms’ innovation by ownership, industry, and firm size using German firm-level data. The impact of R&D subsidies is heterogeneous across industries for multinational corporations (MNCs) and domestic firms while it does not differ substantially by firm size. Domestic firms have a larger response in R&D spending in low-tech manufacturing, knowledge-intensive services, and technological services while the response of domestic and foreign MNCs is broadly similar and is greater in medium-tech and high-tech manufacturing. Foreign MNC subsidiaries’ response in terms of patents is greater than that of domestic MNCs in most industries

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Year of publication:	2022
Authors:	Cherif, Reda ; Hasanov, Fuad ; Grimpe, Christoph ; Sofka, Wolfgang
Publisher:	[S.l.] : SSRN
Subject:	Technologiepolitik \| Technology policy \| Forschungsfinanzierung \| Research funding \| Innovation \| Subvention \| Subsidy \| Wirkungsanalyse \| Impact assessment

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Extent:	1 Online-Ressource (41 p)
Series:	IMF Working Paper ; No. 2022/192
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 1, 2022 erstellt
Classification:	H25 - Business Taxes and Subsidies ; H32 - Firm ; O30 - Technological Change; Research and Development. General ; O25 - Industrial Policy ; F23 - Multinational Firms; International Business ; L60 - Industry Studies: Manufacturing. General ; L80 - Industry Studies: Services. General ; H50 - National Government Expenditures and Related Policies. General ; E22 - Capital; Investment (including Inventories); Capacity
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014244521