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We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive impact on incremental innovations. This impact is largely independent of the participation in R&D cooperations. Spillovers exert no such independent influence on drastic...
Persistent link: https://www.econbiz.de/10003319674
Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments. Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....
Persistent link: https://www.econbiz.de/10003881344
This study presents a novel empirical approach to identify financing constraints for innovation based on the idea of an ideal test as suggested by Hall (2008). Firms were offered a hypothetical payment and were asked to choose between alternatives of use. If they choose additional innovation...
Persistent link: https://www.econbiz.de/10003914253
Weiterbildungsmaßnahmen sind ein wichtiger Bestandteil der Aktiven Arbeitsmarktpolitik in Deutschland und in vielen … Beschäftigungssuche ab, denn in Deutschland können dem Arbeitslosen zu jedem Zeitpunkt Weiterbildungsmaßnahmen zugewiesen werden …. Wir evaluieren ein wichtiges Programm der beruflichen Weiterbildung in Deutschland (Förderung der beruflichen …
Persistent link: https://www.econbiz.de/10008665400
University research provides valuable inputs to industrial innovation. It is therefore not surprising that private sector firms increasingly seek direct access through funding public R&D. This development, however, spurred concerns about possible negative long-run effects on scientific...
Persistent link: https://www.econbiz.de/10008796153
Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company possibly benefits from incoming information on successful R&D conducted by other companies, a generally high probability of leakage of knowledge in an industry will negatively...
Persistent link: https://www.econbiz.de/10003607681
We use a new and exceptionally rich administrative data set for Germany to evaluate the employment effects of a variety of public sponsored training programs in the early 2000s. Building on the work of Sianesi (2003, 2004), we employ propensity score matching methods in a dynamic, multiple...
Persistent link: https://www.econbiz.de/10003502633
Based on a sample of research units in science and engineering at German universities, this study reports survey evidence showing that research grants impact research content. Research units that receive funds from industry are more likely to source ideas from the private sector. The higher the...
Persistent link: https://www.econbiz.de/10009572474
University research provides valuable inputs to industrial innovation. It is therefore not surprising that private sector firms increasingly seek direct access through funding public R&D. This development, however, spurred concerns about possible negative long-run effects on scientific...
Persistent link: https://www.econbiz.de/10009152551
This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of an ideal test as suggested by Hall (2008). Firms were offered a hypothetical payment and were asked to choose between alternatives of use. If they selected additional...
Persistent link: https://www.econbiz.de/10009152558