caa a22 4500 445854324 CHVBK 20180317145423.0 cr unu---uuuuu 170323e20110801xx s 000 0 eng 10.1007/s00191-010-0186-0 doi (NATIONALLICENCE)springer-10.1007/s00191-010-0186-0 Ebersberger Bernd Management Center Innsbruck, Universitaetsstr. 15, 6020, Innsbruck, Austria aut Public funding for innovation and the exit of firms [Elektronische Daten] [Bernd Ebersberger] This paper focuses on the effect public subsidies for innovation have on the exit of firms. Utilizing Finnish firm level data I employ a kernel matching approach to eliminate the selection bias of public funding and estimate the counterfactual. As a robustness check a treatment model is estimated. Public funding for innovation exhibits a significant effect reducing the probability of exit. Distinguishing between exit by merger and exit by closure shows that public funding has a significant effect on the former. No significant effect on the latter can be found. Springer-Verlag, 2010 Public funding nationallicence Innovation nationallicence Exit of firms nationallicence Journal of Evolutionary Economics Springer-Verlag 21/3(2011-08-01), 519-543 0936-9937 21:3<519 2011 21 191 https://doi.org/10.1007/s00191-010-0186-0 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s00191-010-0186-0 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Ebersberger Bernd Management Center Innsbruck, Universitaetsstr. 15, 6020, Innsbruck, Austria aut NATIONALLICENCE 773 0- Journal of Evolutionary Economics Springer-Verlag 21/3(2011-08-01), 519-543 0936-9937 21:3<519 2011 21 191 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer