Niclas Rüffer

The Allocation of Innovation Promotion Programs

An Empirical Analysis

• Broschiertes Buch

Produktbeschreibung

R&D and innovation policy is high on the political agenda in advanced economies. Market and system failures have been identified as reasons for private underinvestment in R&D and innovation and several policy instruments are in use to mitigate these failures. One central instrument of innovation policy are direct subsidies for firm R&D. By using direct project funding governments have the chance to target projects with high social returns and therefore, in theory, i. e. if policy makers can identify projects with high social returns, direct project funding can be an effective instrument to foster private sector R&D. However, there is no straightforward mechanism guaranteeing that subsidies are applied to projects which suffer from market or system failures. The allocation process of subsidies therefore appears to be central to the question of the effectiveness of subsidies. In spite of increasing scientific interest in innovation promotion policy, analysing allocation processes has been widely neglected in the mainstream literature. However, given the potential distortions which allocation processes can have it is worth addressing this issue in depth. This dissertation analyzes the allocation of R&D subsidies to firms theoretically and empirically using a unique data set from a special subsidy program from south-western Germany. Thereby this dissertation contributes to the growing literature on innovation promotion and is of interest for innovation researchers and innovation policy makers alike.

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Produktdetails

• Verlag: Eul, Josef, Verlag GmbH / Josef Eul Verlag GmbH
• Seitenzahl: 316
• Erscheinungstermin: 8. Juni 2015
• Englisch
• Abmessung: 210mm x 148mm x 20mm
• Gewicht: 460g
• ISBN-13: 9783844104059
• ISBN-10: 3844104054
• Artikelnr.: 42946552

Autorenporträt

Niclas Rüffer was born in 1981 in Minden (Germany) and studied economics in Heidelberg, Berlin and Rome from 2001¿2006. After gathering international work experience in Sydney and Melbourne in 2007, he joined the Center for SME Research and Entrepreneurship of Mannheim University in 2008. He conducted various research projects for stakeholders such as the European Union, the Federal Ministry for Education and Research and the Ministry of Economics of the state of Baden-Württemberg. As a guest researcher he joined Hitotsubashi University in Tokyo in 2012¿2013 before finishing his doctoral thesis at Mannheim University in 2014. Since 2013 he has served as a guest lecturer in Kobe University and since 2015 as a guest professor at the University Lyon II.

Inhaltsangabe

1. Introduction 2. Rationales for Policy Actions Promoting Innovation 2.1.
The Nature of Innovation 2.2. Market Failure in R&D and Innovation 2.3.
System Failure in Systems of Innovation 2.4. Frameworks for Identifying
Market and System Failure in Systems of Innovation 2.5. Innovation Policy
Instruments 2.6. Conclusion 3. A Framework of Analysis for Allocation
Processes of R&D Subsidies 3.1. Drafting a Program and Defining Eligibility
3.2. Awareness of the Eligible Group 3.3. The Application Decision of Firms
3.4. The Acceptance of Firms into the Program 3.5. Enrolment of Accepted
Firms 4. The Innovation Promotion Program (Innovation Vouchers) -
Descriptive Evidence 4.1. Innovation Vouchers - Idea and Diffusion 4.2.
Introduction of "Innovationsgutscheine" in Baden-Wuerttemberg 4.3. The
Database 4.4. Descriptive Evidence on the Innovation Voucher Program 5.
Analyzing the Allocation Process of Innovation Vouchers in
Baden-Wuerttemberg 5.1. Previous Evidence pertaining to Allocation
Processes of R&D Subsidies 5.2. Rationales for the Introduction of the
Program and Definition of Eligibility of Innovation Vouchers 5.3. The
Application Decision of Firms 5.4. The Acceptance Decision by the Board of
Experts and the Enrolment Decision of Firms 6. Effect Analysis of
Innovation Vouchers in Baden-Wuerttemberg - Evaluation 6.1. Economic
Success of the Policy Instrument Innovation Vouchers 6.2. Success of
Innovation Projects and Cooperation 6.3. Summary and Conclusions 7. Summary
and Conclusion