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We explore the relationship between innovation activity, productivity, and exports using a panel of Spanish … manufacturing firms for 1990-1998. Our results - based on non-parametric tests - suggest that firm innovation status is important in … innovation seems to explain the positive association between exports and productivity for this group of firms. For small non …
Persistent link: https://www.econbiz.de/10005792473
We analyze the relationship between firm-level innovation activities and firms’ propensity to start exporting for firms … in a small open economy. We measure innovation by innovative effort (R&D) as well as by innovative output (product and … process innovation). After carefully correcting for endogeneity and selection issues, the evidence points to firms self …
Persistent link: https://www.econbiz.de/10008468704
This Paper is an empirical study on the existence of complementarity between product and process innovation. We present … an econometrically feasible model that uses the information contained in the innovation profile of each firm to test for … the existence of complementarity among production and innovation strategies. We apply the model to analyse the Spanish …
Persistent link: https://www.econbiz.de/10005123646
competition. Firms have an incentive to invest in both process innovation and product innovation. The optimal division between … proportion of R&D investment is driven more to product innovation than under R&D competition. It can be shown that welfare is …
Persistent link: https://www.econbiz.de/10005136783
While innovation is argued to create value, private incentives of firms to innovate are driven by what part of the … value created firms can appropriate. In this paper we explore the relation between innovation and the markups a firm is able ….1% points by shifting out demand and increasing prices. Process innovation increases markups by 3.8% points due to incomplete …
Persistent link: https://www.econbiz.de/10011083230
individual level, examining the relationship between religiosity and a broad set of pro- or anti-innovation attitudes in all five … waves of the World Values Survey (1980 to 2005). We thus relate eleven indicators of individual openness to innovation … innovation. …
Persistent link: https://www.econbiz.de/10011213308
This paper studies the effect of top tax rates on inventors' mobility since 1977. We put special emphasis on "superstar" inventors, those with the most and most valuable patents. We use panel data on inventors from the United States and European Patent Offices to track inventors' locations over...
Persistent link: https://www.econbiz.de/10011272707
We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper’s motivating evidence we also...
Persistent link: https://www.econbiz.de/10011262883
Analysing 474 cases of firms going public in the German capital between 1892 and 1913, we show that innovative firms could rely on the Berlin stock market as a source of financing. The data also reveal that initial public offerings (IPO) of innovative firms were characterized by particularly low...
Persistent link: https://www.econbiz.de/10011266534
This paper examines the sources of firm product and process innovation in Norway. It uses a purpose-built survey of ….’s (2007) contention that firm innovation is both the result of ‘science, technology and innovation’ (STI) and ‘doing, using … innovation and that both STI and DUI-modes of interaction matter. However, it also shows that DUI modes of interaction outside …
Persistent link: https://www.econbiz.de/10009225958