Joint R&D subsidies, related variety, and regional innovation

Tom Broekel (), Matthias Brachert (), Matthias Duschl and Thomas Brenner ()

VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy from Verein für Socialpolitik / German Economic Association

Abstract: Subsidies for R&D are an important tool of public R&D policy, which motivates extensive scientific analyses and evaluations. The paper 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.

JEL-codes: L14 O31 R12 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-cse, nep-geo, nep-ino, nep-ppm, nep-sbm, nep-tid and nep-ure
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Citations: View citations in EconPapers (3)

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Related works:
Journal Article: Joint R&D Subsidies, Related Variety, and Regional Innovation (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc15:112808

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