Publications of the Research Unit Economics of Innovation and Industrial Dynamics

  1. ZEW Discussion Paper No. 19-011 // 2019

    Anatomy of the Medical Innovation Process – What Are the Consequences of Replicability Issues on Innovation?

    The study looks at the impact of replicability issues in preclinical testing on the medical innovation process. The case study focuses on the development of liposomal chemotherapy, which exemplifies the…

  2. ZEW policy brief No. 19-02 // 2019

    Slow Recoveries Through Fiscal Austerity – New Insights in the Effects of Fiscal Austerity

    Several European countries such as Spain, Portugal, and Greece implemented austerity programs to cope with the government-debt crisis in the aftermath of the Great Recession: They increased taxes on consumption,…

  3. ZEW Discussion Paper No. 19-008 // 2019

    Cluster Externalities, Firm Capabilities, and the Recessionary Shock: How the Macro-to-Micro-Transition Shapes Firm Performance During Stable Times and Times of Crisis

    In this paper, we examine the macro-to-micro-transition of cluster externalities to firms and how it is affected by the macroeconomic instability caused by the recessionary shock of 2008/2009. Using data from…

  4. ZEW Discussion Paper No. 19-006 // 2019

    Do Companies Benefit from Public Research Organizations? The Impact of the Fraunhofer Society in Germany

    Among available policy levers to boost innovation, investment in applied research organisations has received little empirical attention. In this paper, we analyse the case of the Fraunhofer Society, the largest…