Showing 1 - 10 of 13
R&D collaboration facilitates pooling of complementary skills, learning from the partner as well as sharing risks and … gains from collaboration can be high initially, cost may start to outweigh those benefits if firms engage in multiple … collaborative projects simultaneously. This study explicitly considers a firm's collaboration intensity, that is, the share of …
Persistent link: https://www.econbiz.de/10011097460
specific policy design aiming at incentivizing (international) collaboration and R&D in small and mediumsized firms achieves … collaborate internationally as well as for SMEs. …
Persistent link: https://www.econbiz.de/10010957685
This paper empirically investigates complementarities between different sources of research funding with regard to academic publishing. We find for a sample of UK engineering academics that competitive funding is associated with an increase in ex-post publications but that industry funding...
Persistent link: https://www.econbiz.de/10010957749
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...
Persistent link: https://www.econbiz.de/10010957591
This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of an ideal test (Hall 2008). Firms were offered a hypothetical payment and were asked to choose between alternatives of use. If they selected additional innovation projects, they...
Persistent link: https://www.econbiz.de/10010957615
also be a strategy to cope with financing constraints for R&D. Studying panel data we show that collaboration with science … alleviates liquidity constraints for research. Horizontal collaboration reduces liquidity constraints for both research as well … as R and D. Vertical collaboration has no such effects. …
Persistent link: https://www.econbiz.de/10010957620
This study shows for a large sample of R&D-active manufacturing firms that collaborative R&D has a positive effect on firms' patenting in terms of both quantity and quality. When distinguishing between alliances that aim at joint creation of new knowledge and alliances that aim at exchange of...
Persistent link: https://www.econbiz.de/10010957658
This study presents a novel empirical approach to identify financing constraints for innovation based on the idea of an ideal test as suggested by Hall (2008). Firms were offered a hypothetical payment and were asked to choose between alternatives of use. If they choose additional innovation...
Persistent link: https://www.econbiz.de/10008474671
Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments. Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....
Persistent link: https://www.econbiz.de/10008533548
This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of an ideal test as suggested by Hall (2008). Firms were offered a hypothetical payment and were asked to choose between alternatives of use. If they selected additional...
Persistent link: https://www.econbiz.de/10009147345