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innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating …. However, we do not find negative effects on the number of ongoing R&D projects, investments in innovation-related fixed assets … or on the outcome of innovation projects. Likewise, for firms with subsidy-backed environmental innovations no crowding …
Persistent link: https://www.econbiz.de/10010985640
used to observe their impact on the decision to locate innovation activities in various countries and regions (China …This paper aims to shed light on firm specific drivers that lead firms to internationalise their innovation activities …’s competitive environment and the influence of innovation obstacles in the home country. In particular, the role of the potential …
Persistent link: https://www.econbiz.de/10008469767
In this paper, four commonly provided explanations for the shift in labour demand for different skill groups are investigated: the substitutability of inputs; the own-price sensitivity for different types of labour; the effect of economic growth and the impact of technological change. In...
Persistent link: https://www.econbiz.de/10008567612
While both fundamental types of abatement measures mitigate the adverse environmental impacts of production, cleaner production technologies are frequently more advantageous than end-of-pipe technologies for environmental and economic reasons. This paper analyzes a variety of factors that might...
Persistent link: https://www.econbiz.de/10005097871
This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm?s equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...
Persistent link: https://www.econbiz.de/10005097988
Globalization has provided many companies with new opportunities for growth and efficiency. This requires them to …
Persistent link: https://www.econbiz.de/10005097522
This study focuses on the early stages of international innovation activities, i.e. the organizational processes …
Persistent link: https://www.econbiz.de/10005097606
Globalization has set new paradigms, especially in the business world. Breakthroughs in technology (telecommunications …, logistics, the internet) and ideology (most notably economic and political trends in China and India) are creating exciting … for innovation at home. We suggest a combination of three factors to identify and explain such innovation strategies …
Persistent link: https://www.econbiz.de/10005097671
Does globalization restrict the leeway for national budgetary policy? With the help of cluster and discriminant … dimensions are included in the analysis: tax structure, expenditure structure, public debt and budget size. Globalization as a … globalization does indeed matter for government budgets. However, substantial room for an individual national policy particularly in …
Persistent link: https://www.econbiz.de/10005097816
Are the characteristics of the exchange rate regime relevant for the degree of fiscal discipline? What are the conclusions for fiscal behavior in Europe after the transition to EMU? These are the central questions that are analyzed in this paper from a theoretical point of view. After a general...
Persistent link: https://www.econbiz.de/10005098288