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substitution effects or general innovation outcome measures, but we are interested in knowing where the policy effect is highest …: on innovation close to the market (i.e. incremental innovation) or on innovation that is still far from the market and … market failure is highest, that is, for radical innovation. Taking into account that the Swiss funding agency encourages …
Persistent link: https://www.econbiz.de/10011097458
The idea of an industrial policy that promotes large businesses—heavyweights—as the best way to compete in a globalized world has become, again, en vogue among European politicians. The only apparent controversy about the idea revolves around whether it is better to promote national...
Persistent link: https://www.econbiz.de/10005405979
This paper investigates how competition and firm size affect the relationship between market uncertainty and R&D investment. We use an intuitively appealing measure of firm-specific uncertainty along with panel data to show that firms invest less in current R&D as uncertainty about market...
Persistent link: https://www.econbiz.de/10005097745
Using business survey data on German manufacturing firms, this paper provides tests for hypotheses formulated in capital market imperfection theories that predict distributional effects in the transmission of monetary policy. The business conditions of small firms are found to be somewhat more...
Persistent link: https://www.econbiz.de/10005405801
A positive relationship between firm size and product diversification is a long-standing stylized fact. However, so far there is no appropriate theoretical model to explain the underlying forces of this observation. This paper analyzes an oligopoly model with asymmetric multiproduct frms, which...
Persistent link: https://www.econbiz.de/10005406151
This paper develops a model with multiple market locations in which the quality of intangible assets of firms, provided by management, determines the firms. performance. Despite an ex ante symmetry of potential entrants, the equilibrium assignment of heterogeneous managerial skills to firms...
Persistent link: https://www.econbiz.de/10005416518
Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to cash flow for relatively small firms. Much of this...
Persistent link: https://www.econbiz.de/10008567560
The contribution of different-sized businesses to job creation continues to attract policymakers' attention, however, it has recently been recognized that conclusions about size were confounded with the effect of age. We probe the role of size, controlling for age, by comparing the cohorts of...
Persistent link: https://www.econbiz.de/10011095352
Consequences of network externalities, such as product growth and innovation diffusion, are widely studied in marketing …
Persistent link: https://www.econbiz.de/10011072347
recherche propose d’aborder ces stratégies sous un angle collectif et d’étudier leur impact sur la dynamique d’une industrie … méthodologie spécifique est déployée, à la fois inductive, puisque fondée sur la monographie de l’industrie photographique, et … dans l’industrie photographique les trajectoires technologiques de 33 entreprises, leurs alliances et les mouvements d …
Persistent link: https://www.econbiz.de/10011073156