Arbeitspapier
Heterogeneous regional university funding and firm innovation: An empirical analysis of the German excellence initiative
This paper estimates the effect of heterogeneous university funding stemming from the German Excellence Initiative on a regional firm's probability to innovate by using a multi-valued two-way fixed effects difference-in-differences model. The estimations show that funding an additional Excellence Cluster focused on internationally competitive research within a labor market region increases a regional firm's probability to innovate between 0.3 and 0.9 percentage points. This effect is driven by firms within labor market regions receiving a high number of Excellence Clusters. There is no statistically significant effect for receiving a low number of Excellence Clusters. Moreover, we find no consistent statistically significant effect of funding Graduate Schools concentrating on training scientists nor of funding University Strategies promoting the overall long-term plan of a university.
- Language
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Englisch
- Bibliographic citation
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Series: ZEW Discussion Papers ; No. 23-006
- Classification
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Wirtschaft
Management of Technological Innovation and R&D
Technological Change: Choices and Consequences; Diffusion Processes
Technological Change: Government Policy
- Subject
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University funding
Firm innovation
Knowledge transfer
- Event
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Geistige Schöpfung
- (who)
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Krieger, Bastian
- Event
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Veröffentlichung
- (who)
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ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
- (where)
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Mannheim
- (when)
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2023
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Krieger, Bastian
- ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
Time of origin
- 2023
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