Joint R&D Subsidies, Related Variety, and Regional Innovation
Tom Broekel,
Matthias Brachert (),
Matthias Duschl and
Thomas Brenner ()
International Regional Science Review, 2017, vol. 40, issue 3, 297-326
Abstract:
Subsidies for research and development (R&D) are an important tool of public R&D policy, which motivates extensive scientific analyses and evaluations. This article adds to this literature by arguing that the effects of R&D subsidies go beyond the extension of organizations’ monetary resources invested into R&D. It is argued that collaboration induced by subsidized joint R&D projects yield significant effects that are missed in traditional analyses. An empirical study on the level of German labor market regions substantiates this claim, showing that collaborative R&D subsidies impact regions’ innovation growth when providing access to related variety and embedding regions into central positions in cross-regional knowledge networks.
Keywords: collaborative R&D projects; related variety; regional innovation (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (6)
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Working Paper: Joint R&D subsidies, related variety, and regional innovation (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:inrsre:v:40:y:2017:i:3:p:297-326
DOI: 10.1177/0160017615589007
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