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This paper examines the relationship between investment in innovation and productivity across firms in Ireland. We … relationships between investment in innovation, innovation outputs and productivity. Our results indicate that innovation is … positively linked to productivity. This result holds for all types of innovation and for both R&D and non-R&D expenditures. The …
Persistent link: https://www.econbiz.de/10011725689
This article investigates how a firm's financial strength affcts its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from its...
Persistent link: https://www.econbiz.de/10011404565
Successful innovation is a precondition for economic prosperity. While various potential determinants of innovative …
Persistent link: https://www.econbiz.de/10010484767
Innovation activities in the German enterprise sector showed two opposing trends over the past two decades: While total … innovation expenditures grew substantially, the number of firms conducting innovation activities fell sharply. Innovation … expenditures hence concentrate on fewer firms. In this paper we analyse the evolution of firms' innovation and R&D activities …
Persistent link: https://www.econbiz.de/10012995467
costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance … terms of gains for innovation performance, but also show that collaboration has decreasing and even negative returns on … product innovation if its intensity increases above a certain threshold. In particular, costs start outweighing benefits if a …
Persistent link: https://www.econbiz.de/10010383763
product and process innovation among exporting firms and these innovations have a larger impact on productivity improvement in …
Persistent link: https://www.econbiz.de/10011932163
costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance … collaborative R&D projects in the firms' total R&D project portfolio. For a sample of 2,891 firms located in Germany, active in … collaborative R&D projects in total R&D projects is associated with a higher probability of product innovation and with a higher …
Persistent link: https://www.econbiz.de/10010440100
We study a two-stage R&D project with an abandonment option. Two types of uncertainty influence the decision to start R&D. Demand uncertainty is modelled as a lottery between a proportional increase and decrease in demand. Technical uncertainty is modelled as a lottery between a decrease and...
Persistent link: https://www.econbiz.de/10013159738
This study tests for financial constraints on Ramp;D investment and how they differ from capital investment. To identify constraints in the access to external capital, we employ a credit rating index. Our models show that internal constraints, measured by mark-ups, are more decisive for Ramp;D...
Persistent link: https://www.econbiz.de/10012711028
This paper investigates empirically firm investment behavior in research and development (R&D). Firms make investments in R&D in order to produce innovations. These innovations in turn improve the firm's future productivity level, pro tability and incentives to invest in R&D. Using German...
Persistent link: https://www.econbiz.de/10010342836