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Financial market crises may differ, but severe banking crises typically share many common features. The most recent crisis shares many features with the US Savings and Loan crisis of the 1980s and early 90s as well as some features of the LTCM crisis of 1998. More generally, banking crises are...
Persistent link: https://www.econbiz.de/10008581252
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …
Persistent link: https://www.econbiz.de/10011183685
Using a unique panel data of Dutch innovation and financial variables we empirically investigate how financing and … innovation vary across firm characteristics. The study also tries to gauge the extent of market failure due to the presence of …, debt financing and innovation choices are not independent of firm characteristics such as age, size, and existing leverage …
Persistent link: https://www.econbiz.de/10011183757
Using the four Biotechnology Uses and Development surveys of Statistics Canada, we analyse the relative importance of funding and support as well as collaboration and contracting, R&D and IP strategies on the propensity to patent of Canadian biotechnology firms. Our model accounts for the...
Persistent link: https://www.econbiz.de/10009350696
Twenty years ago, Harvard Business School economist and strategy professor Michael Porter stood conventional wisdom about the impact of environmental regulation on business on its head by declaring that well designed regulation could actually enhance competitiveness. The traditional view of...
Persistent link: https://www.econbiz.de/10008511751
This document seeks to lay the groundwork for a government policy on free and open source software. We briefly characterize the extent of the open source software phenomenon. We analyse its pros and cons for the government, in its role as both an engine of economic development and a large user...
Persistent link: https://www.econbiz.de/10005100462
Ce texte vise à circonscrire les fondements d'une politique gouvernementale à l'égard du logiciel libre et ouvert (open source software). Nous caractérisons brièvement l'ampleur du phénomène du logiciel libre et nous en analysons les avantages et inconvénients pour le gouvernement tant...
Persistent link: https://www.econbiz.de/10005100496
Community Innovation Survey (CIS3), and production and financial statistics. It compares the results of an innovation output … se poser dans les études d'innovation. Les données utilisées sont celles de la troisième enquête innovation aux Pays … de l'estimation d'une équation d'innovation, obtenus tour à tour à partir de données au niveau des entreprises …
Persistent link: https://www.econbiz.de/10005100516
This paper investigates the comparability of the 1999 Canadian Survey of Innovation with the European Community … Innovation Surveys for 1997/1998 (CIS2). Four European countries are compared to Canada: France, Germany, Ireland, and Spain … are made to harmonize the two datatsets and make them comparable as much as possible. Different innovation indicators …
Persistent link: https://www.econbiz.de/10005100541
innovation towards services and, related to this, a shift of consumer preferences towards these new services. If R&D figures are … un déplacement de l'innovation vers les services et, relié à cela, un déplacement des préférences vers les services. Les …
Persistent link: https://www.econbiz.de/10005100621