Showing 1 - 10 of 22
Recent years have shown a surge of firms globalising their innovation activities in order to gain from international … stronger dispersed international R&D activities hamper or stimulate innovation. Second, we employ two well-established market …-based indicators for innovation (introduction of and sales growth rates due to new products) instead of looking at inventions (patents …
Persistent link: https://www.econbiz.de/10013068778
This article investigates how a firm's financial strength affects its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from...
Persistent link: https://www.econbiz.de/10013002220
affect investments in innovation projects as such projects are typically characterized by a high degree of uncertainty …, complexity and specificity. Financing innovation externally is thus likely to be more costly compared to financing of other … investment. Hence, internal sources of financing are crucial for the implementation of innovation projects. However, internal …
Persistent link: https://www.econbiz.de/10014198373
innovation and employment growth in Germany. The model is tailor-made for analysing firm-level employment effects of innovations … using specific information provided by CIS data. It establishes a theoretical link between employment growth and innovation …
Persistent link: https://www.econbiz.de/10014069151
This paper explores the role of R&D worker mobility on innovation performance. As one main novelty, we employ churning … innovation through inter-firm knowledge spillovers and improved job-match quality up to certain threshold. The point when costs …
Persistent link: https://www.econbiz.de/10013094665
We study the evolution of patenting in China from 1985-2019. We use a Large Language Model to measure patent importance based on patent abstracts and classify patent ownership using a comprehensive business registry. We highlight four insights. First, average patent importance declined from...
Persistent link: https://www.econbiz.de/10014504832
Persistent link: https://www.econbiz.de/10014320964
-in-differences design to causally identify the short-run impact of COVID-19 on innovation spending in 2020 and expected innovation spending … substantially reduced innovation expenditure not only in the first year of the pandemic (2020) but also in the two subsequent years …, indicating ’Long–Covid’ effects on innovation. In 2020, innovation expenditure fell by 4.7 % due to the pandemic. In 2022 …
Persistent link: https://www.econbiz.de/10014311916
This paper examines how foreign-owned and domestically owned firms transform innovation into employment growth. The …, reveals important differences between the two groups: Due to general productivity increases and process innovation, foreign … innovation are larger for foreign-owned firms. Together with employment-stimulating effects stemming from existing products, they …
Persistent link: https://www.econbiz.de/10013082831
This paper examines the links between internationalisation, innovation and productivity in service enterprises. For … this purpose, we use micro data from the Community Innovation Survey 2008 in Germany, Ireland and the United Kingdom, and … of innovation outputs in all three countries. Our results indicate that innovation in service enterprises is linked to …
Persistent link: https://www.econbiz.de/10012927087