Subsidized and Non-subsidized R&D Projects: Do They Differ?

34 Pages Posted: 31 Oct 2017

See all articles by Mila Koehler

Mila Koehler

ZEW – Leibniz Centre for European Economic Research

Bettina Peters

Center for European Economic Research (ZEW)

Date Written: 2017

Abstract

Little is known about whether and to what extent the outcome of subsidized and non-subsidized R&D projects differ. In this paper we exploit a novel dataset of patent applications filed in Germany between 1995-2005, which allows us to identify if a patent application stems from a subsidized project or not. We use a variety of patent indicators to elucidate to what extent successful subsidized and non-subsidized R&D projects within the same firm differ. Results show that patent applications from subsidized R&D projects have a higher private value, are more often co-applied, more general, but less original, and have larger inventor teams when compared to all other patent applications filed by the same firms. These differences seem to reflect that thematic R&D programs aim to support collaborative R&D projects that have an immediate economic utilization of results.

Keywords: R&D, subsidies, patents, evaluation, project-level analysis, within firm comparison

JEL Classification: H25, H50, O31, O34, O38

Suggested Citation

Koehler, Mila and Peters, Bettina, Subsidized and Non-subsidized R&D Projects: Do They Differ? (2017). ZEW - Centre for European Economic Research Discussion Paper No. 17-042, Available at SSRN: https://ssrn.com/abstract=3061776 or http://dx.doi.org/10.2139/ssrn.3061776

Mila Koehler (Contact Author)

ZEW – Leibniz Centre for European Economic Research ( email )

P.O. Box 10 34 43
L 7,1
D-68034 Mannheim, 68034
Germany

Bettina Peters

Center for European Economic Research (ZEW) ( email )

P.O. Box 10 34 43
L 7,1 D-68161 Mannheim
Germany
+496211235174 (Phone)
+496211235170 (Fax)

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