Subsidized and non-subsidized R&D projects: Do they differ?
Mila Koehler and
Bettina Peters ()
No 17-042, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research
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 (search for similar items in EconPapers)
JEL-codes: H25 H50 O31 O34 O38 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-ino, nep-ipr, nep-ppm and nep-tid
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:17042
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