Showing 1 - 9 of 9
presents some empirical evidence on the effects of innovation on employment growth and therefore on firms' productivity with …
Persistent link: https://www.econbiz.de/10010712105
We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...
Persistent link: https://www.econbiz.de/10010712138
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for underinvestment that exist even when externality-induced underinvestment is absent. We conclude that while small and new innovative firms experience high costs of capital that are...
Persistent link: https://www.econbiz.de/10010856381
This paper surveys what we know about the internationalization of business R&D spending. I examine three specific questions about the global changes in R&D activity: First, what is the evidence that R&D is becoming more internationalized (more footloose)? Second, what are the factors that...
Persistent link: https://www.econbiz.de/10010856473
positive impact on measures of firm productivity. …
Persistent link: https://www.econbiz.de/10005342561
We take a first look at financial patents at the European Patent Office (EPO). As is the case at the US Patent and Trademark Office (USPTO), the number of financial patents in Europe has increased significantly in parallel with significant changes in payment and financial systems. Scholars have...
Persistent link: https://www.econbiz.de/10010712119
What do we know about the relationship between innovation and productivity among firms? The workhorse model of this … innovation are derived. The recent empirical evidence on the relationship between innovation and productivity in firms is then … surveyed. The conclusion is that there are substantial positive impacts of product innovation on revenue productivity, but that …
Persistent link: https://www.econbiz.de/10010712167
productivity. In the context of a semi-parametric model of productivity where these effects are assumed to enter in an additive … about the productivity-age relationship. We illustrate our methods using data on the publications 1986-1997 by 465 French …
Persistent link: https://www.econbiz.de/10010712262
innovations. By comparing the pledged patents to other patents in the same technologies or held by the same multinationals, we …
Persistent link: https://www.econbiz.de/10010856454