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The Link Between Firms? Innovation Decision and the Business Cycle: An Empirical Analysis

Heger, Diana - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2004

The sensitivity of innovation activities with respect to the business cycle is often assumed to be small. In this paper … the hypothesis on cyclical dependence of innovation activities is tested for firms in the German manufacturing, and … additionally for SMEs. To this end firms? innovation decisions are considered. The decision to innovate in one period is modelled …

Persistent link: https://www.econbiz.de/10005097512

Open Source, ICT infrastructure and firm performance

Cerquera Dussán, Daniel; Müller, Bettina - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2009

This paper empirically studies the impact of the adoption of open source software (OSS) on firms' labor productivity and innovative behavior. Using a representative sample of German firms, the results show that the adoption of OSS operating systems for servers and general OSS applications has no...

Persistent link: https://www.econbiz.de/10008615600

Money for novelty: The role of venture capital investments for innovation in young technology-based firms

Heger, Diana - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013

This paper examines the role of venture capital on a firm's innovation activities by using a data set of German … technology-based firms founded between 1996 and 2005. Innovation is proxied by patent counts and an index of innovativeness which …

Persistent link: https://www.econbiz.de/10010957632

Durable Goods, Innovation and Network Externalities

Cerquera Dussán, Daniel - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007

We develop a model of R&D competition between an incumbent and a potential entrant with network externalities and durable goods. We show that the threat of entry eliminates the commitment problem that an incumbent may face in its R&D decision due to the goods? durability. Moreover, a potential...

Persistent link: https://www.econbiz.de/10005097721

R&D incentives, compatibility and network externalities

Cerquera Dussán, Daniel - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2006

This paper analyzes the impact of network externalities on R&D competition between an incumbent and a potential entrant. The analysis shows that the incumbent always invests more than the entrant in the development of higher quality network goods. However, the incumbent exhibits a too low level...

Persistent link: https://www.econbiz.de/10005097740

Die Wirkungsanalyse staatlicher Förderprogramme durch den Einsatz von Matching- und Selektionsmodellen am Beispiel der Fertigungstechnik

Fier, Andreas; Heger, Diana; Hussinger, Katrin - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2005

Mit dem Ziel die technologische Wettbewerbsfähigkeit zu steigern, investieren die Staaten der OECD jährlich beträchtliche Summen in die Förderung von Forschungs- und Entwicklungsaktivitäten (FuE). Angesichts knapper öffentlicher Budgets ist der Effektivität und Effizienz dieser Förderung...

Persistent link: https://www.econbiz.de/10005097811

Dynamic R&D incentives with network externalities

Cerquera Dussán, Daniel - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2006

This paper studies the incentives to undertake uncertain R&D initiatives in a dynamic duopoly network industry. It is shown that network externalities positively affect the incentives to invest in R&D. In the model, competition resembles a preemption race and, therefore, market performance...

Persistent link: https://www.econbiz.de/10005098390

ICT, Consulting and Innovative Capabilities

Cerquera Dussán, Daniel - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008

affects negatively the value of the introduced product and processes innovation. Second, the theoretical model suggests that …

Persistent link: https://www.econbiz.de/10005097677