Showing 1 - 10 of 2,380
We analyze the impact of subsidies on R&D expenditures in the financial crisis and beyond. The financial crisis has led to considerable turmoil in financing and, as a result, to restrictions of firms' access to external financing. Utilizing this fact, we identify and analyze financing...
Persistent link: https://www.econbiz.de/10012793582
at the intensive margin, i.e. our results do not suggest that non-innovative companies are deterred from innovation …
Persistent link: https://www.econbiz.de/10012671880
public procurement tenders. However, there is no direct or broad empirical evidence on its innovation impact. There are even … doubts about its effectiveness as an innovation policy tool, as it does not require innovations as part of its contracts and …
Persistent link: https://www.econbiz.de/10012623448
This paper tests for the sensitivity of R&D to financing constraints conditional on restrictions in external financing. Financing constraints of firms are identified by an exogenously calculated rating index. Restrictions in external financing are determined by (i) the specific time period...
Persistent link: https://www.econbiz.de/10012196342
We analyze gender discrimination in entrepreneurship finance. Access to finance is crucial for entrepreneurial success, yet constraints for women are particularly pronounced. We structurally unpack whether loan officers evaluate business ideas and implementation constraints differently for male...
Persistent link: https://www.econbiz.de/10014477359
Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to cash flow for relatively small firms. Much of this...
Persistent link: https://www.econbiz.de/10011621855
A set-aside restricts participation in procurement contests to targeted firms. Despite being widely used, its effects on actual competition and contract outcomes are ambiguous. We pool a decade of US federal procurement data to shed light on this empirical question using a two-stage approach. To...
Persistent link: https://www.econbiz.de/10013282669
Economics and innovation scholars have long recognized the potential of public procurement to trigger innovation. To …? This paper addresses these issues by providing a literature survey of research on public procurement of innovation (PPI …: i) Does PPI spur innovation? ii) How should PPI be designed to best spur innovation? iii) What are the main barriers to …
Persistent link: https://www.econbiz.de/10013499115
procurement works as an innovation policy tool but must be designed to do so. …
Persistent link: https://www.econbiz.de/10012118747
Public procurement accounts for 15 to 20 percent of global GDP and is considered an effective innovation policy …
Persistent link: https://www.econbiz.de/10014502117