Showing 1 - 10 of 105
This paper serves as another complementary link in a chain of a rather limited number of investigations in the R&D-innovation …-productivity relationship within service industries. Innovation has been found to be a major contributor to productivity growth in manufacturing …. In this paper, the importance of innovation is explored by comparing manufacturing and service firms in a sample of …
Persistent link: https://www.econbiz.de/10005419309
the argument that innovation systems are important for an industry’s capacity to generate new patentable knowledge. …
Persistent link: https://www.econbiz.de/10010741441
In this paper we analyze how firms’ knowledge absorption capacity – given the knowledge environment – affects the development, adoption and introduction of new export products among Swedish manufacturing firms. Our model formulation builds on theoretical arguments which imply that firms...
Persistent link: https://www.econbiz.de/10010885285
-level Community Innovation Survey (CIS) data set to consider the economy in the period preceding the collapse of its financial system …
Persistent link: https://www.econbiz.de/10008546341
This paper provides estimates of negative binomial regressions for high-leveraged and non-high-leveraged exporting firms in Sweden over a business cycle that contains two boom periods and two recession periods. The contemporaneous cash flow coefficients are positive and statistically...
Persistent link: https://www.econbiz.de/10010751973
We study a broad sample of firms across 32 countries and find that strong shareholder protections and better access to stock market financing lead to substantially higher long-run rates of R&D investment, particularly in small firms, but are unimportant for fixed capital investment. Credit...
Persistent link: https://www.econbiz.de/10011124341
cost implies that firms save money by smoothing innovation spending across the business cycle if they have available … so, we investigate possible differences in the innovation-cash flow link between high-tech firms and all exporters …, creation and exploitation innovation activities, persistent and non-persistent exporters. Applying a modified Euler model and …
Persistent link: https://www.econbiz.de/10011099542
We find that internal finance resources at the firm-level, measured by cash flow, play a non-trivial role for the number of patent applications, even after controlling for the standard variables of a patent study. The results are based on estimating panel count-data models on a sample of 2,700...
Persistent link: https://www.econbiz.de/10008546345
Based on data from of 2,700 Swedish manufacturing firms, observed through the period 1997-2005, this paper shows that internal finance resources, measured by cash-flow, affect the propensity to apply for a patent as well as the number of patent applications. From a business cycle perspective,...
Persistent link: https://www.econbiz.de/10008506820
technology affects the efficiency and productivity in innovation of technology acquiring firms. Using the stochastic frontier … analysis combined with a difference-in-difference matching approach and firm-level panel from the German Innovation Survey for … external R&D in innovation production, which is attributed by increasing returns to R&D scale and increasing technical …
Persistent link: https://www.econbiz.de/10008626069