Showing 1 - 10 of 53
venture capital (VC) financing. We argue that investors are faced with considerable uncertainty and therefore rely on patents … British biotechnology companies we have identified all patents filed at the European Patent Office (EPO). Applying hazard rate … attention to patent quality, financing those ventures faster which later turn out to have high-quality patents. Patent …
Persistent link: https://www.econbiz.de/10005098253
R&D encompasses plenty of activities which are usually summarized under the terms of basic research, applied research and development. Although basic research is often associated with low appropriability it provides the fundamental basis for subsequent applied research and development....
Persistent link: https://www.econbiz.de/10010957660
Inventors often experience a low productivity after their company has been subject to a merger or acquisition (M&As). It is of central managerial interest to identify factors facilitating the integration of new inventive staff and thereby counteracting innovation declines after M&As. This paper...
Persistent link: https://www.econbiz.de/10008694122
This paper provides a labour supply explanation to the observation that in Germany employment changes are asymmetric during the business cycle. Employment increases are slower, because the reservation wage of workers increases in times of job uncertainty. Workers are afraid in those periods of...
Persistent link: https://www.econbiz.de/10005097534
Based on a large data set containing information on occupations between 1979 and 1999, this study explores the ?black box? surrounding the skill?biased technological change hypothesis by analyzing the mechanisms that induce information technologies to be complementary to employees with higher...
Persistent link: https://www.econbiz.de/10005097538
This paper provides an overview of the treatment of technological change in economic models of environmental policy. Numerous economic modeling studies have confirmed the sensitivity of mid- and long-run climate change mitigation cost and benefit projections to assumptions about technology...
Persistent link: https://www.econbiz.de/10005097553
Non-technological innovation is an important element of firms? innovation activities that both supplement and complement technological innovation, i.e. the introduction of new products and new processes. We analyse the spread of nontechnological innovation in firms, their relation to...
Persistent link: https://www.econbiz.de/10005097614
explanation. Venture-backed firms are mostly located in urban districts. A main reason is the advantage of urban regions to … generate a lot of new innovative ideas. Districts participated the BioRegio contest are attractive regions for venture capital …
Persistent link: https://www.econbiz.de/10005097648
high start-up activity in knowledge intensive regions. Group differentiation shows that knowledge stock variables matter …
Persistent link: https://www.econbiz.de/10005097691
The present analysis investigates skill requirements in the workplace, measured directly by the task-composition of occupations. It shows that the task composition of occupations has shifted toward analytical and interactive activities and away from manual and cognitive routine activities in...
Persistent link: https://www.econbiz.de/10005097786