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Innovation Policy for SMEs Proves Successful

Author

Listed:
  • Heike Belitz
  • Alexander Eickelpasch
  • Anna Lejpras

Abstract

The innovation policy of the German government and Länder provides small and medium-sized enterprises (SMEs) with a wide range of programs to promote their research and development (R&D) and focuses, in particular, on the transfer of knowledge. In recent years, the programs have been streamlined and funding substantially increased as part of the second economic stimulus package. SMEs have profited from this: the number of research performing SMEs has grown; they have increased their R&D expenditure and intensified their knowledge exchange with universities and research centers. Technology-neutral government funding is to remain at the current level-around ten percent of SMEs' R&D expenditure-thus providing more targeted support for knowledge transfer.

Suggested Citation

  • Heike Belitz & Alexander Eickelpasch & Anna Lejpras, 2013. "Innovation Policy for SMEs Proves Successful," DIW Economic Bulletin, DIW Berlin, German Institute for Economic Research, vol. 3(4), pages 11-19.
  • Handle: RePEc:diw:diwdeb:2013-4-3
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    File URL: http://www.diw.de/documents/publikationen/73/diw_01.c.419114.de/diw_econ_bull_2013-04-3.pdf
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    Cited by:

    1. Heike Belitz & Anna Lejpras, 2014. "Financing Patterns of Innovative SMEs and the Perception of Innovation Barriers in Germany," Discussion Papers of DIW Berlin 1353, DIW Berlin, German Institute for Economic Research.

    More about this item

    Keywords

    R&D; small and medium-sized enterprises; technology and innovation. - policy;

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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