Showing 1 - 10 of 171
telecommunication equipment. Using the model we evaluate three R&D subsidy policies and show that the typical focus of support for small …
Persistent link: https://www.econbiz.de/10011125934
The impact of R&D on growth through spillovers has been a major topic of economic research over the last thirty years. A central problem in the literature is that firm performance is affected by two countervailing "spillovers" : a positive effect from technology (knowledge) spillovers and a...
Persistent link: https://www.econbiz.de/10011126004
telecommunication equipment. Using the model we evaluate three R&D subsidy policies and show that the typical focus of support for small …
Persistent link: https://www.econbiz.de/10011126438
telecommunication equipment. Using the model we evaluate three R&D subsidy policies and show that the typical focus of support for small …
Persistent link: https://www.econbiz.de/10011071197
This paper analyzes differences in R&D spending and in the impact of R&D on productivity between German and UK firms. We confirm that German firms spend significantly larger amounts on R&D than their UK counterparts, even after controlling for firm size and industry effects. Using a dynamic...
Persistent link: https://www.econbiz.de/10010745353
This article analyses the geography of innovation in China and India. Using a tailor-made panel database for regions in … between the provinces and states within both countries are quite different. In China, the concentration of innovation is …. Innovative areas in China, rather than generate knowledge spillovers, seem to produce strong backwash effects. In India, by …
Persistent link: https://www.econbiz.de/10011125988
effect on technology transfer (catching up with the technological frontier) as well as innovation (pushing the frontier …
Persistent link: https://www.econbiz.de/10010928789
This paper focuses on the impact of financial market infrastructures (FMIs) and of their regulation on the post-crisis transformation of securities and derivatives markets. It examines, in particular, the role that trading and post-trading FMIs, and their new regulatory regime, are playing in...
Persistent link: https://www.econbiz.de/10011125895
Using a dynamic model of a step-by-step innovation race between financially constrained firms, I study how financial … constraints affect innovation activity. The novel theoretical results derive from an analysis of the interaction between the … incentive effect of competition on innovation and the effect competition has on the degree of credit rationing. I find that the …
Persistent link: https://www.econbiz.de/10010745834
In this paper, we show that ownership structures vary considerably across Europe, and that the dominant form of ownership is not necessarily the most efficient one. These findings are in contradiction to similar research based on US samples. The results also demonstrate that firms without a...
Persistent link: https://www.econbiz.de/10010884735