This is an English translation of a column I published together with my colleague Christian Rammer from ZEW on oekonomenstimme.org. A pdf version can be downloaded here.
For years investments in research and development (R&D) have shown a rising trend in Germany. In 2015 they have reached a record high of 157.4 billion euro. At the same time, however, R&D expenditures are becoming concentrated within a smaller number of actors. The share of companies that invest in innovation falls steadily. As a result, innovation activities in the economy are more unevenly distributed. This column discusses possible causes for this development. Continue reading Innovation activity in Germany is becoming more concentrated
