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This paper deals with the effects of publicly funded research at universities, polytechnics and federal research labs on industrial innovations in Germany. We discuss the characteristics of companies that benefit from the findings of public research institutions. In questioning 2,300 companies...
Persistent link: https://www.econbiz.de/10005098131
evidence for start-up firms on the role of patents as signals to investors, in particular to Venture Capitalists. This study …&D for a panel of established firms. The results show that patents do indeed attenuate financing constraints for small firms … to financing constraints, but also do not seem to benefit from a patent quality signal. …
Persistent link: https://www.econbiz.de/10010957591
patent quantity is driven by knowledge exchange rather than joint R&D. Firms engaged in joint R&D, on the other hand, receive … more forward citations per patent indicating that joint R&D enhances patent quality. In light of literature on strategic … patenting, our results further suggest that knowledge creation alliances lead to patents that are filed to protect valuable …
Persistent link: https://www.econbiz.de/10010957658
empirical study on the determinants of innovative activity measured by patent applications are presented. A sample of German … innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …
Persistent link: https://www.econbiz.de/10005097531
nanomaterials. We analyse European Patent Office data at the German district level (NUTS-3) on applications for nanomaterial patents …Nanomaterials are seen as a key technology for the 21st Century, and much is expected of them in terms of innovation … products. In this context, it seems all the more important for regions to put their own innovation systems in place, and to …
Persistent link: https://www.econbiz.de/10005097554
on the effects of the patent stock on profitability. The data base is a representative sample of German manufacturing … patent stock has a strong and robust effect on profitability. …
Persistent link: https://www.econbiz.de/10005097921
Innovation Survey (CIS). The empirical results demonstrate that R&D location matters for profitability. Firms with both domestic …
Persistent link: https://www.econbiz.de/10008869230
The ability of firms to establish R&D collaborations that combine resources, exploit complementary know-how, and internalize R&D externalities has been shown to be of high importance for the successful creation and implementation of new knowledge. We argue in this article that collaborative R&D...
Persistent link: https://www.econbiz.de/10010957620
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 paper investigates the impact of in-house R&D and innovation management practices on innovation success in small … innovation management tools in order to achieve innovation success. We analyse whether such a strategy can pay off. Based on data … from the German CIS we find that R&D activities are a main driver for innovation success if combined with external R …
Persistent link: https://www.econbiz.de/10005097673