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Gains and Pains from Contract Research: A Transaction and Firm-level Perspective
Kaiser, Ulrich; Grimpe, Christoph - 2008
outsourcing of R&D activities to contract research organizations and its implications for innovation performance. This paper … findings suggest that technological uncertainty, contractual experience and openness to external knowledge sources motivate the …
Persistent link: https://www.econbiz.de/10010297987
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On the Profitability of Innovative Assets
Kraft, Kornelius; Czarnitzki, Dirk - 2004
Successful innovative activity is a major contribution to the intangible capital of firms. Although its importance is generally acknowledged, the contribution to companies? profits is a priori unclear. We present the results of an empirical study on the effects of the patent stock on...
Persistent link: https://www.econbiz.de/10010297363
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Using Innovation Survey Data to Evaluate R&D Policy: The Case of Belgium
Aerts, Kris; Czarnitzki, Dirk - 2004
to investigate possible crowdingout effects on the input side of the innovation process. Different specifications of R …
Persistent link: https://www.econbiz.de/10010297380
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Die Rolle der Innovationsförderung im Aufholprozess Ostdeutschlands
Czarnitzki, Dirk; Licht, Georg - 2004
Der Beitrag untersucht die Effektivität der Innovationsförderung in den neuen Ländern. Dabei wird ein doppelter Vergleich angestellt. Zum einen analysieren wir die Auswirkungen der Förderung hinsichtlich der FuE-Anreize und der FuE-Ergebnisse durch einen Vergleich von geförderten und...
Persistent link: https://www.econbiz.de/10010297392
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Capital Control, Debt Financing and Innovative Activity
Czarnitzki, Dirk; Kraft, Kornelius - 2004
innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …
Persistent link: https://www.econbiz.de/10010297397
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Evaluating the Impact of R&D Tax Credits on Innovation: A Microeconometric Study on Canadian Firms
Czarnitzki, Dirk; Hanel, Petr; Rosa, Julio Miguel - 2004
This study examines the effect of R&D tax credits on innovation activities of Canadian manufacturing firms. Over the … on a series of innovation indicators such as number of new products, sales with new products, originality of innovation … additional innovation output. …
Persistent link: https://www.econbiz.de/10010297401
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License Expenditures of Incumbents and Potential Entrants: An Empirical Analysis of Firm Behavior
Czarnitzki, Dirk; Kraft, Kornelius - 2005
variables the motives for innovation expenditures are also taken into account. We differentiate between firms which intend to …
Persistent link: https://www.econbiz.de/10010297441
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Biomedical Academic Entrepreneurship Through the SBIR Program
Toole, Andrew A.; Czarnitzki, Dirk - 2005
This paper considers the U.S. Small Business Innovation Research (SBIR) program as a policy fostering academic …
Persistent link: https://www.econbiz.de/10010297455
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R&D and Firm Performance in a Transition Economy
Czarnitzki, Dirk; Kraft, Kornelius - 2006
We estimate the effects of R&D on firms' credit ratings and on financial distress. The main purpose is the comparison of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on firm value proxied by ratings in Western Germany, but a...
Persistent link: https://www.econbiz.de/10010297541
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Measuring the impact of innovation on firm value: a new approach
Kraft, Kornelius; Czarnitzki, Dirk - 2002
Most of the existing empirical literature on the relationship of firm value and knowledge capital is based on the stock …. It turns out that innovative firms, i.e. those with a reasonable knowledge stock, have a better credit rating and thus …
Persistent link: https://www.econbiz.de/10010297699