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The effects of corporate and country sustainability characteristics on the cost of debt: An international investigation
Hoepner, Andreas; Oikonomou, Ioannis; Scholtens, Bert; … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014
We investigate the relationship between corporate and country sustainability on the cost of bank loans. We look into 470 loan agreements signed between 2005 and 2012 with borrowers based on 28 different countries across the world and operating in all major industries. Our principal findings...
Persistent link: https://www.econbiz.de/10011095353
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The contribution of international R&D to firm profitability
Peters, Bettina; Schmiele, Anja - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011
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
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Towards a Theory and Policy of Eco-Innovation - Neoclassical and (Co-)Evolutionary Perspectives
Rennings, Klaus - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 1998
Innovation processes toward sustainable development (eco-innovations) have received increasing attention during the … need can be identified to improve our understanding of innovation processes toward sustainability in their different … (co-)evolutionary approaches from environmental and innovation economics to fill this gap. It is argued that both …
Persistent link: https://www.econbiz.de/10005097952
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University spinoffs and the 'performance premium'
Czarnitzki, Dirk; Rammer, Christian; Toole, Andrew A. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
The creation of spinoff companies is often promoted as a desirable mechanism for transferring knowledge and technologies from research organizations to the private sector for commercialization. In the promotion process, policymakers typically treat these 'university' spinoffs like industry...
Persistent link: https://www.econbiz.de/10010957596
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Minimum wages and competition: The case of the German roofing sector
Kraft, Kornelius; Rammer, Christian; Gottschalk, Sandra - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012
This paper analyses the effects of minimum wages on competition in the German roofing sector. The case is particularly interesting since this sector is faced with a uniform minimum wage despite significant regional disparities in productivity and wages. As a control industry we take the plumbing...
Persistent link: https://www.econbiz.de/10010957738
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The performance of German firms in the business-related service sectors : a dynamic analysis
van Phu, Nguyen; Kaiser, Ulrich; Laisney, François - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2000
We analyze the performance of firms in the German business-related services sector. A quarterly business survey provides the panel data base of our study. Firm performance is measured by the survey respondents? ordinal indication of their changes in total sales. We use a firstorder Markov chain...
Persistent link: https://www.econbiz.de/10005098023
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Do Ukrainian Firms Benefit from FDI?
Talavera, Oleksandr; Lutz, Stefan H. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2003
All countries are eager to attract as much foreign investments as possible. At the same time FDI may have not only positive, but also negative economic effects for receiving countries. Positive effects are associated with technology transfer, efficient allocation of resources, and training of...
Persistent link: https://www.econbiz.de/10005098103
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University research alliances, absorptive capacity, and the contribution of startups to employment growths
Toole, Andrew A.; Czarnitzki, Dirk; Rammer, Christian - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014
This paper examines how university research alliances and other cooperative links with universities contribute to startup employment growth. We argue that 'scientific absorptive capacity' at the startup is critical for reaping the benefits from university research alliances, but not necessarily...
Persistent link: https://www.econbiz.de/10011071765
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Bargaining in vertical relationships and suppliers' R&D profitability
Köhler, Christian - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014
This paper explores the effect of bargaining in vertical relationships on the profitability of suppliers' R&D investments. Studies on the relationship between R&D and firm profitability mostly concentrate on the impact of horizontal market structure and neglect vertical interac-tions. Building...
Persistent link: https://www.econbiz.de/10010985646
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Intermediate input markets, ICT and innovation in Germany: A firm level analysis
Cerquera, Daniel; Klein, Gordon J. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
This paper studies the impact of the adoption of ICT on the economic performance at the firm level, considering explicitly the interaction of adopting firms within the intermediate input market in Germany. The paper identifies and quantifies the importance of adoption externalities and knowledge...
Persistent link: https://www.econbiz.de/10010957582