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The impact of innovation and innovation subsidies on economic development in German regions
Public innovation subsidies in a regional environment are expected to unfold a positive economic impact over time. The focus of this paper is on an assessment of the long-run impact of innovation and innovation subsidies in German regions. This is scrutinized by an estimation approach combining panel model and time-series characteristics and using regional data for the years 1980–2014. The results show that innovation and innovation subsidies in the long run have a positive impact on the economic development of regions in Germany. This supports a long-term strategy for regional and innovation policy.
The impact of innovation and innovation subsidies on economic development in German regions
Public innovation subsidies in a regional environment are expected to unfold a positive economic impact over time. The focus of this paper is on an assessment of the long-run impact of innovation and innovation subsidies in German regions. This is scrutinized by an estimation approach combining panel model and time-series characteristics and using regional data for the years 1980–2014. The results show that innovation and innovation subsidies in the long run have a positive impact on the economic development of regions in Germany. This supports a long-term strategy for regional and innovation policy.
The impact of innovation and innovation subsidies on economic development in German regions
Cantner, Uwe (author) / Dettmann, Eva (author) / Giebler, Alexander (author) / Guenther, Jutta (author) / Kristalova, Maria (author)
Regional Studies ; 53 ; 1284-1295
2019-09-02
12 pages
Article (Journal)
Electronic Resource
English
public funding , innovation , regional development , Germany , O10 , O18 , O30
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