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Microeconometric evidence of financing frictions and innovative activity

Tiwari, Amaresh K.; Mohnen, Pierre A.; Palm, Franz C.; … - 2014

Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …

Persistent link: https://www.econbiz.de/10010249680

How important is innovation? : a Bayesian factor‐augmented productivity model on panel data

Bresson, Georges; Etienne, Jean‐Michel; Mohnen, Pierre A. - 2014

Persistent link: https://www.econbiz.de/10010415320

Determinants of innovation in Croatian SMEs : comparison of service and manufacturing firms

Božić, Ljiljana; Mohnen, Pierre A. - 2016

Persistent link: https://www.econbiz.de/10011596140

An empirically-based taxonomy of Dutch manufacturing : innovation policy implications

Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz; van … - 2004

industries. The same pattern shows up in the three Dutch Community Innovation Surveys. …

Persistent link: https://www.econbiz.de/10010275860

The behavior of the maximum likelihood estimator of dynamic panel data sample selection models

Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz; van … - 2007

This paper proposes a method to implement maximum likelihood estimation of the dynamic panel data type 2 and 3 tobit models. The likelihood function involves a two-dimensional indefinite integral evaluated using "two-step" Gauss-Hermite quadrature. A Monte Carlo study shows that the quadrature...

Persistent link: https://www.econbiz.de/10010276140