Influence of state aid on productivity and innovation performance in the European Union energy sector.Through a sustainability lens
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2019-11-11
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en
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The European Union strives for a more efficient and more innovative energy sector in order to minimalize the environmental impact on the energy sector by granting state aid. This master thesis researches the effect of state aid on innovation performance and productivity by using a data set of 188 companies over the years 2012-2018. After conducting a mixed model analysis on this sample a negative significant relationship could be found between state aid and innovation performance. This effect becomes positive and loses its significance when looking at environmental based state aid. No other significant relationships could be found between state aid and productivity, and innovation performance and productivity. Furthermore, the results indicate that there are no mediation effects of state aid or sustainability support with innovation performance on productivity.
Key words: state aid, productivity, innovation performance, sustainability, environment
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Faculteit der Managementwetenschappen