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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Detalles Bibliográficos
Autor principal: Cherif, Reda
Otros Autores: Grimpe, Christoph, Hasanov, Fuad, Sofka, Wolfgang
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2022.
Colección:IMF Working Papers; Working Paper ; No. 2022/192
Materias:
Acceso en línea:Full text available on IMF
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100 1 |a Cherif, Reda. 
245 1 0 |a Promoting Innovation :   |b The Differential Impact of R and D Subsidies /  |c Reda Cherif, Fuad Hasanov, Christoph Grimpe, Wolfgang Sofka. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2022. 
300 |a 1 online resource (41 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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. 
538 |a Mode of access: Internet 
650 7 |a Business Taxes and Subsidies  |2 imf 
650 7 |a Fiscal Policies and Behavior of Economic Agents  |2 imf 
650 7 |a Innovation  |2 imf 
650 7 |a Research and Development  |2 imf 
650 7 |a Technological Change  |2 imf 
700 1 |a Grimpe, Christoph. 
700 1 |a Hasanov, Fuad. 
700 1 |a Sofka, Wolfgang. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2022/192 
856 4 0 |z Full text available on IMF  |u https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2022&issue=192  |z IMF e-Library