Promoting Innovation: The Differential Impact of R&D Subsidies

被引：1

作者：

Cherif, Reda ^{[1
,2
]}

Grimpe, Christoph ^{[3
,4
]}

Hasanov, Fuad ^{[2
,5
]}

Sofka, Wolfgang ^{[3
,6
]}

机构：

[1] Univ Cambridge, Int Monetary Fund, Cambridge, England

[2] Univ Cambridge, Bennett Inst Publ Policy, Cambridge, England

[3] Copenhagen Business Sch, Mannheim, Germany

[4] ZEW Leibniz Ctr European Econ Res, Mannheim, Germany

[5] Georgetown Univ, Int Monetary Fund, 700 19th St NW, Washington, DC 20431 USA

[6] Univ Liverpool, Management Sch, Liverpool, England

来源：

JOURNAL OF INDUSTRY COMPETITION & TRADE | 2023年 / 23卷 / 3-4期

关键词：

Innovation; Patents; Research and development; R & D; Subsidies; Multinationals; Investment; Technology policy; RESEARCH-AND-DEVELOPMENT; DEVELOPMENT TAX CREDITS; TECHNOLOGY-TRANSFER; PUBLIC SUBSIDIES; PROPENSITY SCORE; POLICY; ADDITIONALITY; PROTECTION; INTERNATIONALIZATION; STRATEGIES;

D O I：

10.1007/s10842-023-00400-7

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

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. This heterogeneity is robust using various estimators. Domestic firms have a larger response in R & D spending in low-tech and medium-term manufacturing, while the effect in high-tech manufacturing is larger for both domestic and foreign MNCs. In knowledge-intensive services and technological services, the response of domestic firms and in some cases foreign MNCs, is greater than that of domestic MNCs. In terms of patents, foreign MNC subsidiaries tend to have a larger count in high-tech manufacturing.

引用

页码：187 / 241

页数：55

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