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Ever since its introduction in the 1990s, the systems of innovations (SI) concept has received a great deal of attention from researchers and politicians. The systems of innovation policy (SIP) approach, which is based on the SI concept, is considered an alternative to neoclassical theory. Its...
Persistent link: https://www.econbiz.de/10005012076
In an efficient economy, capital should be quickly (re)allocated from declining firms and sectors to more profitable investment opportunities. This process is affected by the concentration of corporate control, which in turn is affected by market institutions. We employ a panel of 12,000 firms...
Persistent link: https://www.econbiz.de/10005090479
We apply the accelerator principle to measure the functional efficiency of capital markets. We estimate the elasticity of capital with respect to output using a panel of firms across 44 countries, and compare the results with existing approaches. Furthermore, we correlate our measure with...
Persistent link: https://www.econbiz.de/10005090557
Policy interest since the early 1980s has focused in different ways on the creation of a large, productive, taxable economy - in which entrepreneurship plays a role for employment, income growth and innovation. The current understanding of various forms of entrepreneurship remains incomplete,...
Persistent link: https://www.econbiz.de/10005051051
-Theorem-like voluntary cooperation. We ask whether monitoring and indirect punishment with the help of others are comparable to direct … monitoring and punishment in establishing and maintaining voluntary cooperation. The treatment effects we find are rather weak …. Others' monitoring of own activities is only an insufficient substitute for direct observability. …
Persistent link: https://www.econbiz.de/10010884463
When two or more agents compete for a bonus and the agents' productivity in each of several possible occurrences depends stochastically on (constant) effort, the number of times that are checked to assign the bonus affects the level of uncertainty in the selection process. Uncertainty, in turn,...
Persistent link: https://www.econbiz.de/10005090471
Das Monitoring von Patentportfolios soll Basispatente und Umzäunungsstrategien der Pioniere sowie Umzingelungsversuche … Zitatdarstellung als neues Konzept für das Strategie-Monitoring vor. Im Gegensatz zu den bekannten Verfahren wird es ermöglicht, alle … Summary: The monitoring of patent portfolios should uncover basic patents as well as fencing and surrounding attempts. The …
Persistent link: https://www.econbiz.de/10005786056
The last decades saw a pronounced shift in innovation policy in Germany and many other countries towards increased funding of cooperative R&D. Over the last years, competitions between regional initiatives pushed this trend even further by adding a regional perspective, by increasing the scope...
Persistent link: https://www.econbiz.de/10010607504
This paper investigates the allocation of R&D subsidies given to start-ups. Considering the coexistence of various R&D project schemes, we take an aggregate view and analyze the determinants of the receipt of (any) R&D subsidies within the first three business years of the start-ups. We argue...
Persistent link: https://www.econbiz.de/10008509217
This paper investigates economic and subjective effects of public business assistance delivered to nascent entrepreneurs in Germany. Employing cluster analysis, we explore the actual scope and intensity of business assistance used. Then we analyze predictors of take-up and perceived usefulness...
Persistent link: https://www.econbiz.de/10008478713