Venture capital (VC) is often seen as an instrumental tool that allows many start-ups to pursue innovation with the potential to shake-up current markets and/or to replace incumbents. Using a highly granular, project-level dataset from preclinical diabetes R&D, this paper shows that VCs actively steer the direction of R&D and streamline activities of research focused firms (pipeline firms)...
Das Deutsche Institut für Wirtschaftsforschung (DIW Berlin) hat gemeinsam mit einem internationalen Konsortium im Auftrag der Europäischen Kommission eine Studie für die überarbeiteten Leitlinien für europäische Energie- und Umweltschutzbeihilfen (CEEAG) erstellt. Die Vorschläge dazu veröffentlichte die EU-Kommission am 11. Juni. Bis zum 2. August 2021 laufen ...
The European Commission commissioned an international consortium including the DIW Berlin with a background study on State aid in the field of environmental protection and energy. The results of the study are meant to support the Commission in the revision of the EU Guidelines on State aid for environmental protection and energy (EEAG). One key focus of the study was to assess the current rules...
Konzentration in deutschen Produktmärkten bleibt insgesamt langfristig konstant, steigt aber im Dienstleistungssektor – In EU- und weltweiten Dienstleistungsmärkten nimmt Konzentration stärker zu als in nationalen Produktmärkten – Treiber sind meist Eintrittsbarrieren, aber auch höhere Effizienz – Strengere Fusionskontrolle gefordert Die viel beschworene ...
The self-employed are among those facing the highest probability of strong income losses during the COVID-19 pandemic. Governments in many countries introduced support programs to support the self-employed, including the German federal government, which approved a €50bn emergency aid program at the end of March 2020 offering one-off lump-sum payments of up to €15,000 to those facing...
Weibliche Selbstständige müssen deutlich häufiger Einkommensverluste hinnehmen – Wahrscheinlichkeit, von Eindämmungsmaßnahmen betroffen zu sein, ist bei selbstständigen Frauen um 60 Prozent höher als bei entsprechenden Männern – Weibliche Selbstständige leiden stärker unter psychischen Belastungen als ihre männlichen Pendants ...
Germany is leading in green competitiveness of its product exports. Deploying the green economic complexity methodology using German AFiD firm-level micro data, this study seeks to analyze explanatory variables for this trend such as green R&D subsidies and subnational density of related green technologies in the light of path dependencies in firms accumulation of green capabilities. It...
Common ownership - when an investor holds shares in two companies - has recently attracted significant attention from policy-makers and researchers, studying mainly US firms. European firms, however, are different as top investors with large stakes, like governments, founding families and foundations are much more prevalent. This paper takes a well-known common ownership measure derived from...