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The firm-level innovation impact of public R&D funding: Evidence from the German renewable energy sector

Plank, Josef ; Doblinger, Claudia



Abstract

Drawing on a resource-based view (RBV), this paper analyzes the effect of public R&D funding as a financial resource on firm-level R&D performance. The panel regression analysis focuses on the German renewable energy sector and is based on 206 publicly granted R&D projects with a volume of 235 Mio (sic), approx. 3900 patents and 8500 patent citation data for 1448 firms. It verifies a significant ...

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