paths. Research funding, research performance in terms of patents and publications as well as the industry ties of … department heads shape job choices. In particular, public research grants increase the probability that departing researchers … take a research job at a university or public research centre, while grants from industry increase the likelihood that they …

Financing research and development (R&D) through loans is usually a costly endeavor. Information asymmetry, outcome … effect', i.e. the direct liquidity impact of the subsidy, explains this observation. The comparison between young and … established firms shows that the certification effect for young firms primarily stems from subsidies for basic research, that is …

on innovation performance. The results confirm that the publicly-induced R&D is productive as it translates into …

This papers analyses how horizontal mergers affect innovation activities of the merged entity and its non … predicts that a merger is more likely to be profitable in an innovation intensive industry. For a high degree of firm … heterogeneity, a merger reduces innovation of both the merged entity and non-merging competitors in an industry with high R …

We study the effect of stronger patent protection on innovation activities of firms and firm-product level markups …

costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance … terms of gains for innovation performance, but also show that collaboration has decreasing and even negative returns on … product innovation if its intensity increases above a certain threshold. In particular, costs start outweighing benefits if a …

influence of outsiders is offset by the pressure to focus on innovation strategies. …

This paper analyzes the effects of cross-border mergers and acquisitions (M&As) on the innovation of European firms …. The results indicate a considerable increase in post-acquisition innovation in the merged entity. This is mainly driven by … inventors based in the acquirer's country, while innovation in the target's country tends to decline. The asymmetry of effects …

We analyze the relationship between institutional investors, innovation and financing constraints. Building on the … empirical framework of Aghion et al. (2013), we find that the effect of institutional ownership on innovation is concentrated in … investors increase innovation through reducing career risks, disappears once this heterogeneity is taken into account. We also …