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This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...
Persistent link: https://www.econbiz.de/10003301146
National Innovation System, with particular attention devoted to the question of finance and policy initiatives. We then turn …
Persistent link: https://www.econbiz.de/10008655694
This paper analyzes the importance of equity finance for the Ramp;D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we...
Persistent link: https://www.econbiz.de/10012709829
that they employ.In order to account for non-R&D innovation activities, we apply the STI/DUI concept as a theoretical … starting point. This distinguishes between (1) the science, technology, innovation (STI) mode with its strong emphasis on … modes of learning and innovation exist within the German SME sector: the supplier-dependent DUI group, the customer …
Persistent link: https://www.econbiz.de/10012040194
that they employ. In order to account for non-R&D innovation activities, we apply the STI/DUI concept as a theoretical … starting point. This distinguishes between (1) the science, technology, innovation (STI) mode with its strong emphasis on … modes of learning and innovation exist within the German SME sector: the supplier-dependent DUI group, the customer …
Persistent link: https://www.econbiz.de/10012863423
the innovation process. Markets with high competition also force enterprises to produce imitative innovations but give …
Persistent link: https://www.econbiz.de/10005098257
This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...
Persistent link: https://www.econbiz.de/10010365872
the innovation process. Markets with high competition also force enterprises to produce imitative innovations but give …
Persistent link: https://www.econbiz.de/10011448648
National Innovation System, with particular attention devoted to the question of finance and policy initiatives. We then turn …
Persistent link: https://www.econbiz.de/10011430845
(Woodward et al., 2012), this working paper presents an analysis of two Sectoral Innovation Systems (Malerba, 2002) in the …
Persistent link: https://www.econbiz.de/10011430890