The real options investment theory shows that greater uncertainty about market revenues reduces current R&D investment … market uncertainty on R&D investment. …

imperfections. Drawing on the theory of investment under uncertainty, this paper argues that public R&D subsidies increase business … R&D investment through an additional mechanism – mitigating the effects of market uncertainty on R&D investment in …&D investment, and that R&D subsidies mitigate the effect of uncertainty. Our findings suggest that public policies aimed at …

Real options investment theory predicts current investment falls as uncertainty about market returns increases. In the … pronounced. This paper tests the real options prediction about the R&D investment-uncertainty relationship and further considers … mitigate firm-specific uncertainty and stimulate current R&D investment. Our empirical results support both the prediction of …

This paper analyzes decisions on emissions of a stock pollutant under uncertainty in a two period model. Decisions are …

This paper examines how foreign-owned and domestically owned firms transform innovation into employment growth. The …, reveals important differences between the two groups: Due to general productivity increases and process innovation, foreign … innovation are larger for foreignowned firms. Together with employment-stimulating effects stemming from existing products, they …

prone to increase employment, while firms that want to slash costs by innovation and compete by soft factors decrease …

This paper explores the role of R&D worker mobility on innovation performance. As one main novelty, we employ churning … innovation through inter-firm knowledge spillovers and improved job-match quality up to certain threshold. The point when costs …