Kennedy, K.M., Edwards, M.R., Doblinger, C. et al. The effects of corporate investment and public grants on climate and energy startup outcomes. Nat Energy

Objective:

• Whether corporate investment, coupled with public grants and other private investment, improves climate-tech startup outcomes

Case:

• Individuals, the US

Methodology:

• Time-to-event regression
• Cox Proportional Hazards model
• Survival curve
• Sensitivity: time period and patenting

Data Source

• Cleantech Group i3 database

Findings:

• Corporate investment and other private investment are both highly significantly and positively correlated with exits and failures; whereas public grants are not.

• Corporate investment and other private investment are highly significant for startup outcomes, whereas public grants are not.

Coding Reference:

• R