Europe#s innovation potential is currently dominated by well-established large companies. In most member countries the bulk of R&D expenditures is spend by large companies. Following OECD data, SME's share in total R&D spending amount to 8% in Germany or Japan, around 15% in US, France, Korea or...

The missing effect of investments of firms in information and communication technologies on productivity is studied by various recent papers (e.g. Oliner and Sichels 1994, Landauer 1995, Brynjolfsson and Hitt 1996). Several explanations are given for this missing link. Our paper deals with two...

R&D expenditures of firms varies vastly between and within industries. In recent years a lot of theoretical and empirical studies attempted to explain the distribution of R&D expenditures. Four main factors repeatedly appeared in this literature: Firm size, market power, appropriability and...

Wo liegen Deutschlands regionale und sektorale Innovationsschwerpunkte? Innovative regionale Kompetenzzentren zeichnen sich vor allem dadurch aus, daß die ansässigen Unternehmen intensiv auf Hochschulabsolventen zurückgreifen, viele Naturwissenschaftler und Ingenieure beschäftigen und...