Publications of the Research Unit Economics of Innovation and Industrial Dynamics

  1. ZEW Discussion Paper No. 21-069 // 2021

    Financing and Advising Early Stage Startups: The Effect of Angel Investor Subsidies

    In recent years governments around the world have introduced policies to stimulate investments in early stage entrepreneurial companies, in particular investments by Angel investors. In this paper we study…

  2. JUNGE UNTERNEHMEN // 2021

    Jahrgang 21, Nr. 10, August 2021

    • Gründungsgeschehen 2020 in Deutschland vor dem Hintergrund der Corona-Pandemie
  3. Refereed Journal // 2021

    Start-Up Subsidies and the Sources of Venture Capital

    Research suggests that public subsidies for newly founded firms have a positive effect on follow-on financing, in particular on Venture Capital (VC), through providing certification and early-stage liquidity.…

  4. ZEW Discussion Paper No. 21-062 // 2021

    An Integrated Data Framework for Policy Guidance in Times of Dynamic Economic Shocks

    Usually, offcial and survey-based statistics guide policy makers in their choice of response instruments to economic crises. However, in an early phase, after a sudden and unforeseen shock has caused…

  5. 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…