Inhaltliche Kurzzusammenfassung:
The literature on R&D subsidy programs has mainly focused on final outcomes and has largely ignored the processes that operate within programs. The implementation of subsidy programs and the procedures used to allocate funds might have a profound impact on the final economic outcome though. In the paper we are discussing from a theoretical point of view the targeting process of R&D subsidy programs and derive a number of testable hypotheses. Furthermore, we analyze empirically the Enrolment in a particular R&D promotion program.
