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(dummy) and economic performance (logs)
511 -0.05 0.05 376 -0.10 0.12 290
511 0.00 0.09 376 -0.29 0.20 290
-0.04 0.08 372 0.00 0.07 278
esults for SMEs and Columns 8–13 for large firms. The effects are estimated during (d) timates include the pre-treatment logs of total R&D, R&D components by the source s and labour productivity, age, dummies for foreign ownership, stockholding, Prague ticipants, and year and call fixed effects as controls. Standard errors are clustered
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eatment During the treatment After the treatment
Large firms
r. N Coef. St. err. N Coef. St. err. N
r
9 526 -0.13 1
7
0
r s e r
0.14 376 0.14
0.12 290