Rainer Widmann (Kellogg School of Management at Northwestern University), The Effect of Government Research Grants on Firm Innovation: Theory and Evidence from Austria
Vortragsreihe "WIFO-Extern", WIFO, 1030 Wien, Arsenal, Objekt 20, Kleiner Sitzungssaal, 5.4.2017 13:15, firstname.lastname@example.org
This paper examines the effect of government research grants on firms' patenting outcomes. Discontinuities in the funding decisions of the Austrian Research Promotion Agency (FFG) allow to study the effect of public funding in a large sample of Austrian firms. My estimates suggest that a government research grant increases the propensity to file a patent application with the European Patent Office within 4 years by around 10 percentage points. Stronger effects appear for established firms of advanced age. I present evidence that established firms undertake ambitious research projects when they receive grants. Finally, I interpret the findings in an "exploration vs. exploitation" model in which the government agency addresses inefficiency in the direction of research.
Veranstalter: Österreichisches Institut für Wirtschaftsforschung
Online seit: 29.03.2017 0:00
Euroframe Conference on Economic Policy Issues in the European Union: Growth and Inequality – Challenges for EU Economies – Call for Papers
Workshops, Konferenzen und andere Veranstaltungen, 9.6.2017, More Details
The 14th annual Conference on Economic Policy Issues in the European Union in Berlin on Friday 9 June 2017 will focus on two main challenges: economic growth and inequality. Promoting high and socially inclusive growth has been a key issue on the European political agenda since many years. However, economic developments have also affected the distribution of income and wealth, with rising inequalities in a number of EU countries. The Euroframe group welcomes contributions related, but not limited to, the following questions: What is the relationship between economic growth and inequality? What are the effects of international trade, globalisation, and structural change on inequality and growth? What are the impacts of structural reforms on growth and inequality? What are the impacts of labour market institutions and financial regulation and deregulation on growth and inequality? What are the effects of fiscal and monetary policies on inequality? Is it politically sustainable to accept more inequality or should inequalities be reduced in the EU and if so, how?
Veranstalter: Euroframe – European Forecasting Research Association for the Macro-Economy
Online seit: 07.12.2016 0:00