Showing 1 - 10 of 12
arguable made the transition to an entrepreneurial economy in which innovation, creativity and high value added in early stage …
Persistent link: https://www.econbiz.de/10008630006
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …
Persistent link: https://www.econbiz.de/10008615253
presents some empirical evidence on the effects of innovation on employment growth and therefore on firms' productivity with … process innovation. The sources of employment growth during the period are split equally between the net contribution of … product innovation and the net contribution from sales growth of old products. However, the contribution of product innovation …
Persistent link: https://www.econbiz.de/10005150785
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/10008630002
This paper surveys recent findings about how the financial markets value the knowledge assets of publicly traded firms. The motivation for using market value equation to price knowledge assets is discusssed and the theory behind this equation is briefly presented. Then the empirical literature...
Persistent link: https://www.econbiz.de/10005413048
about the relationship between the patent system and innovation, in order to draw some tentative conclusions about their …
Persistent link: https://www.econbiz.de/10008615252
The contribution of new technology to economic growth can only be realized when and if the new technology is widely diffused and used. Diffusion itself results from a series of individual decisions to begin using the new technology, decisions which are often the result of a comparison of the...
Persistent link: https://www.econbiz.de/10005062434
Persistent link: https://www.econbiz.de/10005556053
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/10009323003
Evidence on the "funding gap" for R&D is surveyed. The focus is on financial market reasons for underinvestment in R&D that persist even in the absence of externality-induced underinvestment. The conclusions are that 1) small and new innovative firms experience high costs of capital that are...
Persistent link: https://www.econbiz.de/10005134931