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substitution effects or general innovation outcome measures, but we are interested in knowing where the policy effect is highest …: on innovation close to the market (i.e. incremental innovation) or on innovation that is still far from the market and … market failure is highest, that is, for radical innovation. Taking into account that the Swiss funding agency encourages …
Persistent link: https://www.econbiz.de/10011097458
This paper examines how productivity effects of human capital and innovation vary at different points of the …-skilled employees and industries in Germany by a more unequal distribution of human capital intensity. In Germany, average innovation … performance is higher in all industries, except for low-technology manufacturing, and in the Netherlands the innovation …
Persistent link: https://www.econbiz.de/10010985700
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 …
Persistent link: https://www.econbiz.de/10010957608
This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of …. If they selected additional innovation projects, they must have had some unexploited investment opportunities that were … not profitable using more costly external finance. We attribute constraints for innovation not only to lacking financing …
Persistent link: https://www.econbiz.de/10010957615
This paper examines the role of venture capital on a firm's innovation activities by using a data set of German … technology-based firms founded between 1996 and 2005. Innovation is proxied by patent counts and an index of innovativeness which …
Persistent link: https://www.econbiz.de/10010957632
affect firms' innovation strategy choices, concretely, whether to abstain from innovation, to introduce products that are … known in the market but new to the firm (imitation) or to introduce market novelties (innovation). Using a sample of 1253 … effectiveness is low or medium, both innovation and imitation are enhanced, whereas if it is high, only innovation is enhanced. …
Persistent link: https://www.econbiz.de/10010957641
Using firm-level data from the German manufacturing sector, we estimate a dynamic, structural model of the firm's decision to invest in R&D and quantify the cost and longrun benefit of this investment. The model incorporates and quantifies linkages between the firm's R&D investment, product and...
Persistent link: https://www.econbiz.de/10010957646
market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and … research institutions enhance original innovation. …
Persistent link: https://www.econbiz.de/10010957653
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
, innovation output and skill composition for German regions by conducting an Exploratory Space-Time Data Analysis (ESTDA). Beside … variables. Overall, we find strong clustering tendencies for the demographic variables and innovation that constitute a great … among regions that may further reinforce the observed innovation divide in the future. …
Persistent link: https://www.econbiz.de/10010957710