This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncertainty and therefore rely on patents as signals when trying to assess the prospects of...

Die Studie untersucht die Beschäftigungseffekte von umweltbezogenen Produktinnovationen auf Unternehmensebene. Die empirische Analyse basiert auf dem Betriebspanel des Instituts für Arbeitsmarkt- und Berufsforschung (Nürnberg). Eine deskriptive Analyse zeigt, dass mehr als 50 Prozent der...

Der sogenannte Umweltsektor produziert Technologien, Produkte und Dienstleistungen zur Prävention und Reduzierung von Umweltschäden. Vor dem Hintergrund wachsender Umweltprobleme wie dem Klimaschutz kommt diesem Sektor mehr und mehr Bedeutung zu. Im Gegensatz dazu zeigt ein theoretisches...

The employment effects of environmental technologies are in the focus of politicians but there are only few studies analyzing these effects for different environmental innovation fields. We use the 2009 wave of the German part of the Community Innovation Panel (CIS) allowing for such an analysis...

Patent renewal studies reveal a highly rightward-skewed distribution of patent values. Our approach elicits valuations approximating those of the patented invention. This paper focuses on the full-term patents of the application year 1977 held by West German and U.S. residents. The tail of...

Despite the high CO2 emission intensity of fossil and especially coal fired energy production, these energy carriers will play an important role during the coming decades. The case study identifies the main technological trajectories concerning more efficient fossil fuel combustion and explores...

Feed-in tariffs under the Renewable Energy Sources Act, the so-called Erneuerbare-Energien-Gesetz (EEG), have triggered a massive expansion of electricity from renewable energy sources in Germany over the last decade. The increase in non-competitive renewable power generation though went hand in...

Changing product quality poses a challenge for the computation of price indexes, in particular in technologically advanced industries. We assess the differences between traditional and quality-corrected indexes by computing hedonic and matched-model price indexes for personal computer database...