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This study investigates the relationship between innovations and firm growth, based on the data of Finnish firms operating in the software industry. We find that in terms of turnover and employment, firms with only technological innovations do not grow more rapidly than other firms. However,...
Persistent link: https://www.econbiz.de/10005566055
Companies face an expanding set of choices about where to locate their innovation activity, both within their home … of innovation activity : almost by definition, multiple locations per firm imply some degree of decentralization. Using … firm-level data on innovation output and the location of research and development (R&D) activity, we shed new light on the …
Persistent link: https://www.econbiz.de/10005818449
The phenomenon of physical R&D-manufacturing co-location is interesting, because researchers have made very different observations regarding its prevalence. In some populations co-location of the two functions seems to be the norm; in others, an exception. However, we still do not have an...
Persistent link: https://www.econbiz.de/10005749317
This study analyses how R&D expenditure impacts the productivity of companies. We analyse the productivity impact of R&D using a large panel dataset of Finnish firms over a nine-year period from 1996 to 2004. Our results are two-fold. In the short run (in 1-2 years) we find no statistically...
Persistent link: https://www.econbiz.de/10005818358
The offshoring of manufacturing has been the most visible ingredient of economic globalization in recent years. However, the rapid change in the global division of manufacturing has overshadowed another and perhaps even more significant phenomena namely the internationalization of the R&D and...
Persistent link: https://www.econbiz.de/10005749357
Persistent link: https://www.econbiz.de/10005700383
Our study aims at shedding light on the organizational mechanisms that produce differences in the firmsŽ innovation … fruitful for innovation. There are vast differences in the organizational practices leading to more innovation both between the … small and large firms, and between the firms that are functioning in high- and low-tech industries. While innovation in the …
Persistent link: https://www.econbiz.de/10005566053
words, the larger the knowledge pool of an inventor entering (leaving) the firm, the more the firm’s innovation performance … pharmaceuticals and mechanical engineering such that the mobility of an inventor to a firm increases its innovation performance but … the mobility of an inventor from a firm does not affect its innovation performance. We further find that particularly …
Persistent link: https://www.econbiz.de/10011115239
While both manufacturing and R&D location decisions have received considerable theoretical and empirical attention from economists and organization scientists, theories and evidence regarding the co-location of the two are scarce. The goal of this article is to lay the theoretical foundation for...
Persistent link: https://www.econbiz.de/10005818373
This thesis studies the impacts of technology development and R&D subsidies. The first essay examines whether public and private R&D funding are substitutes or complements. Particular attention is paid to capital market imperfections by examining what kind of effect financial constraint has on...
Persistent link: https://www.econbiz.de/10010987130