Publications of the Research Unit Economics of Innovation and Industrial Dynamics

  1. ZEW expert brief No. 21-06 // 2021

    The Impact of the Covid-19 Crisis on Innovation

    In 2020, firms expected their innovation expenditures to decrease by about 2% in 2020 compared to 2019. This decline is much smaller than that in 2009 following the financial crisis, when innovation expenditures…

  2. Refereed Journal // 2021

    Small firms and the COVID-19 insolvency gap

    COVID-19 placed a special role on fiscal policy in rescuing companies short of liquidity from insolvency. In the first months of the crisis, SMEs as the backbone of Germany’s economy benefited from large and…

  3. ZEW Discussion Paper No. 21-049 // 2021

    The Strength of Weak and Strong Ties in Bridging Geographic and Cognitive Distances

    The proximity framework has attracted considerable attention in a scholarly discourse on the driving forces of knowledge exchange tie formation. It has been discussed that too much proximity is negatively…

  4. M&A Report // 2021

    May/June 2021

    • ZEW-ZEPHYR M&A Index Shows Decline in German Deals Due to COVID-19
    • Fewer M&A Deals, but Higher Transaction Volume During the Pandemic
    • Majority of Takeovers in Germany Are Still Domestic Deals
    • EU Merger…