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test whether the policy design aiming at incentivizing (international) collaboration and R&D in SMEs achieves input as well … internationally collaborating SMEs. We further evaluate the different impact of privately financed and publicly induced R&D investment …-induced R&D investment on sales from market novelties is highest for international collaborators as well as for SMEs. …
Persistent link: https://www.econbiz.de/10010776708
This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of an ideal test (Hall, 2008). Firms were offered a hypothetical payment and asked to choose between alternatives of use. If they selected additional innovation projects, they...
Persistent link: https://www.econbiz.de/10011009939
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...
Persistent link: https://www.econbiz.de/10010950857
The literature on within-firm organizational change and productivity suggests that firms can make more efficient use of certain technologies if complementary forms of organization are adopted. This issue may be of even greater importance for the case of greenhouse gas (GHG) abatement...
Persistent link: https://www.econbiz.de/10011084545