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Intangible assets and firm-level productivity
Crass, Dirk; Peters, Bettina - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014
assets are conducive to firm-level productivity. Our study contributes to the literature by simultaneously comparing … productivity effects of innovative capital, human capital, branding capital and organizational capital and testing whether … econometric estimates confirm strong positive productivity effects of human capital and branding capital. Results for innovative …
Persistent link: https://www.econbiz.de/10011122562
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China's R&D explosion: Analyzing productivity effects across ownership types and over time
Boeing, Philipp; Mueller, Elisabeth; Sandner, Philipp - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2015
level of R&D. We analyze whether different R&D activities show a positive influence on total factor productivity (TFP) for …
Persistent link: https://www.econbiz.de/10011139793
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Productivity effects of basic research in low-tech and high-tech industries
Czarnitzki, Dirk; Thorwarth, Susanne - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012
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
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Competing internationally: On the importance of R&D for export activity
Czarnitzki, Dirk; Wastyn, Annelies - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010
Export is an important factor to improve growth and welfare especially for industrialized small, open economies such as Belgium. Policy may be interested in key variables that can influence export. This paper finds evidence for the importance of R&D for export activities using Belgian firm-level...
Persistent link: https://www.econbiz.de/10008694125
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Patent protection, market uncertainty, and R&D investment
Czarnitzki, Dirk; Toole, Andrew A. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2006
The real options investment theory shows that greater uncertainty about market revenues reduces current R&D investment by increasing the value of waiting. This paper presents empirical evidence that patent protection mitigates the effect market uncertainty on R&D investment.
Persistent link: https://www.econbiz.de/10005097775
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Business R&D and the Interplay of R&D Subsidies and Market Uncertainty
Czarnitzki, Dirk; Toole, Andrew A. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2006
The literature suggests that public research and development (R&D) subsidies may reduce market failures affecting private R&D investment caused by incomplete appropriability of knowledge and financial constraints due capital market imperfections. Drawing on the theory of investment under...
Persistent link: https://www.econbiz.de/10005097940
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Patent Protection, Market Uncertainty, and R&D Investment
Toole, Andrew A.; Czarnitzki, Dirk - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008
Real options investment theory predicts current investment falls as uncertainty about market returns increases. In the case of R&D investment, which is usually considered an irreversible form of investment, this effect should be quite pronounced. This paper tests the real options prediction...
Persistent link: https://www.econbiz.de/10005098102
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Technological innovations and the expected demand for skilled labour at the firm level
Falk, Martin - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 1999
This paper analyses the link between technological product and processes innovations and expectations about future employment for different types of labour in manufacturing. The empirical model allows for endogeneity of the firm?s innovation decision in the labour demand equations. The system of...
Persistent link: https://www.econbiz.de/10005098344
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Combining technology and work organization: An analysis of complementarity between IT and decentralization across firms of different size
Rasel, Fabienne - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014
productivity but the combination of IT and decentralization does not yield a productivity premium. Contrarily, for the sample of … larger firms, the results show that the productivity of IT depends positively on decentralization. The findings suggest that …
Persistent link: https://www.econbiz.de/10010957612
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Innovation and Information Technology in Services
Licht, Georg; Moch, Dietmar - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 1997
The missing effect of investments of firms in information and communication technologies on productivity is studied by …) has a stronger effect on the quality of services than on the productivity of the IT-using firm. IT investment seems to be … especially the most recent generation of IT as indicated by the number of PCs used is the source of productivity growth whereas …
Persistent link: https://www.econbiz.de/10005098042