Publications of the Research Unit Economics of Innovation and Industrial Dynamics

  1. ZEW Discussion Paper No. 02-04 // 2002

    Do Innovation Subsidies Crowd Out Private Investment? Evidence from the German Service Sector

    This paper analyses the impact of public innovation subsidies on private innovation expenditure. In the empirical economic literature there is still no common support for the hypothesis of either a complementary…

  2. ZEW Discussion Paper No. 02-02 // 2002

    The Impact of Venture Capital on Firm Growth: An Empirical Investigation

    The financial and non-financial involvement of venture capitalists is supposed to be positively correlated with firm performance. This paper deals with the evaluation of the impact of venture capitalists on…