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Measuring the spillovers of venture capital
Schnitzer, Monika; Watzinger, Martin - 2017
We provide the first measurement of knowledge spillovers from venture capital-financed companies onto the patenting activities of other companies. On average, these spillovers are nine times larger than those generated by the R&D investment of established companies. Spillover effects are larger...
Persistent link: https://www.econbiz.de/10011762520
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Half a Century of Public Software Institutions: Open Source as a Solution to Hold-Up Problem
Schwarz, Michael; Takhteyev, Yuri - National Bureau of Economic Research (NBER) - 2009
We argue that the intrinsic inefficiency of proprietary software has historically created a space for alternative institutions that provide software as a public good. We discuss several sources of such inefficiency, focusing on one that has not been described in the literature: the...
Persistent link: https://www.econbiz.de/10005012917
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Modern Management: Good for the Environment or just Hot Air?
bloom, nicholas; Martin, Ralf; Sadun, Raffaella; … - National Bureau of Economic Research (NBER) - 2008
We use an innovative methodology to measure management practices in over 300 manufacturing firms in the UK. We then match this management data to production and energy usage information for establishments owned by these firms. We find that establishments in better managed firms are significantly...
Persistent link: https://www.econbiz.de/10005718073
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Active learning improves financial education : experimental evidence
Kaiser, Tim; Menkhoff, Lukas - 2018
-scale retailers in Uganda. The treatments contrast "active learning" with "traditional lecturing" within standardized lesson-plans. We … find that active learning has a positive and economically meaningful impact on savings and investment outcomes, in contrast …. Tentative evidence suggests that only active learning stimulates several cognitive and non-cognitive mechanisms; moreover, a …
Persistent link: https://www.econbiz.de/10011975912
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Profit taxation, R&D spending, and innovation
Lichter, Andreas; Löffler, Max; Isphording, Ingo Eduard; … - 2021
We study how profit taxation affects plants' R&D spending and innovation activities. Relying on geocoded survey panel …
Persistent link: https://www.econbiz.de/10012659100
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Financial constraints for R&D and innovation : new evidence from a survey experiment
Czarnitzki, Dirk; Giebel, Marek - 2021
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
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Precocious inventors : early patenting success and lifetime inventive performance
Michlbauer, Theresa; Zwick, Thomas - 2021
This paper shows that inventors with an early patenting success have a higher inventive productivity during their remaining career. We use European patent data for a period of 32 years for 1240 German inventors. The patent data are linked with survey data that provide information on an extensive...
Persistent link: https://www.econbiz.de/10012510353
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High-tech left behind? : lessons from the Ruhr cybersecurity ecosystem for approaches to develop "left behind" places
Butzin, Anna; Flögel, Franz - 2022
economy, community-based social innovation and well-being. While supporting this emphasis, we see a tendency to neglect …
Persistent link: https://www.econbiz.de/10013209571
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Measuring process innovation output : results from firm-level panel data
Rammer, Christian - 2022
Process innovation is an important part of firms’ innovation activities and supposed to significantly contribute to … positive returns from innovation. Measuring process innovation output at the firm level is still in its infancy, however. This … paper reports empirical evidence on measures of process innovation output that have been collected in the German part of the …
Persistent link: https://www.econbiz.de/10012816564
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Subsidies and innovation in the recent financial crisis
Giebel, Marek; Kraft, Kornelius - 2021
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