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way to catch up. Both forms of innovation and entrepreneurship, however, benefit from the same positive entrepreneurial …
Persistent link: https://www.econbiz.de/10010742104
In this paper we present the first evidence for a link between foreign ownership and credit constraints for Germany, one of the world's leading target countries for foreign direct investment. Furthermore, we contribute to the literature by investigating the impact of a foreign acquisition on the...
Persistent link: https://www.econbiz.de/10010818720
We examine how foreign ownership of a firm affects the variety of goods that the firm exports and the number of countries it trades with. We construct a simple theoretical model of how foreign ownership may affect these extensive margins of exports and take this model to data from Germany, one...
Persistent link: https://www.econbiz.de/10010818728
Shares with more voting rights than cash flow rights provide their owners with a disproportional influence that is often found to destroy the value of outside equity. This is taken as evidence of discretionary use of power. However, concentration of power does not necessarily result from control...
Persistent link: https://www.econbiz.de/10008853950
investments, externalities and key actors in national innovation systems and productivity. This study explores whether foreign … embeddedness in scientific, vertical and horizontal innovation systems. However, the advantage of higher R&D intensity and possible … knowledge technological knowledge spillover does not manifest itself in superior innovation output or productivity performance …
Persistent link: https://www.econbiz.de/10005419308
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 issue of through what processes R&D collaboration with universities affects a firms’ innovation performance remains … under-researched. In particular, university relationships have not been fully integrated in the open innovation framework …. This study explores the relationship between firms’ collaboration with universities and their capabilities for innovation …
Persistent link: https://www.econbiz.de/10005419317
insights have also been gained as to how entrepreneurship, innovation and knowledge are interrelated. Yet, a comprehensive … understanding is still lacking concerning the interface of all of those variables: knowledge, innovation, entrepreneurship and … commercialization through innovation, and the role of the entrepreneur in the growth process. The policy implications of recent research …
Persistent link: https://www.econbiz.de/10008626062
consistent with the model. First, the modeled innovation process imply a persistent distribution of heterogeneous firms. Second …-dependent stochastic innovation process. …
Persistent link: https://www.econbiz.de/10008626064
This paper outlines a set of fundamental changes in the global economy that have altered the nature of the innovation … innovation. Against the background of a changing global economy, the purpose of the paper is to make an overview over the role … and drivers of innovation, technology and knowledge. The role of absorptive capacity and knowledge flows between economic …
Persistent link: https://www.econbiz.de/10008919574