The Relationship between R&D Collaboration, Subsidies and R&D Performance: Empirical Evidence from Finland and Germany
Centre for European Economic Research (ZEW); Catholic University of Leuven (KUL)
Fraunhofer Institute for Systems and Innovation Research (ISI)
Deutsche Telekom AG
Journal of Applied Econometrics, 2006
This study focuses on the impact of innovation policies and R&D collaboration in Germany and Finland. We consider collaboration and subsidies as heterogeneous treatments, and perform an econometric matching to analyze R&D and patent activity at the firm level. In general, we find that collaboration has positive effects. In Germany, subsidies for individual research do neither exhibit a significant impact on R&D nor on patenting, but the innovative performance could be improved by additional incentives for collaboration. For Finnish companies, public funding is an important source of finance for R&D. Without subsidies, recipients would show less R&D and patenting activity, whilst those firms not receiving subsidies would perform significantly better if they were publicly funded.
Keywords: R&D, Public Subsidies, Collaboration, Policy Evaluation
JEL Classification: C14, C25, H50, O38Accepted Paper Series
Date posted: February 21, 2006
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