Promoting Innovation : The Differential Impact of R and D Subsidies /
We investigate the effect of R and D subsidies on firms' innovation by ownership, industry, and firm size using German firm-level data. The impact of R and D subsidies is heterogeneous across industries for multinational corporations (MNCs) and domestic firms while it does not differ substantia...
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| Andre forfattere: | , , |
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2022.
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| Serier: | IMF Working Papers; Working Paper ;
No. 2022/192 |
| Fag: | |
| Online adgang: | Full text available on IMF |
| Summary: | We investigate the effect of R and D subsidies on firms' innovation by ownership, industry, and firm size using German firm-level data. The impact of R and D subsidies is heterogeneous across industries for multinational corporations (MNCs) and domestic firms while it does not differ substantially by firm size. Domestic firms have a larger response in R and D spending in low-tech manufacturing, knowledge-intensive services, and technological services while the response of domestic and foreign MNCs is broadly similar and is greater in medium-tech and high-tech manufacturing. Foreign MNC subsidiaries' response in terms of patents is greater than that of domestic MNCs in most industries. |
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| Emne beskrivelse: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Fysisk beskrivelse: | 1 online resource (41 pages) |
| Format: | Mode of access: Internet |
| ISBN: | 9798400217968 |
| ISSN: | 1018-5941 |
| Adgang: | Electronic access restricted to authorized BRAC University faculty, staff and students |