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Intended and unintended knowledge spillovers in innovation

Kraft, Kornelius; Rammer, Christian - 2023

patent files. Other sources represent unintended knowledge spillovers, such as reverse engineering of technologies or hiring … workers from other firms. Based on data from the Community Innovation Survey, this paper analyses the role of different types … of intended and unintended knowledge spillovers for innovation output at the firm level. Among intended knowledge …

Persistent link: https://www.econbiz.de/10014311915

An empirical test of the asymmetric models on innovative activity : who invests more into R&D - the incumbent or the challenger?

Czarnitzki, Dirk - 2000

challenger invests more into R&D in order to enter a new market than the incumbent. Thus, the patent racing model by Reinganum …

Persistent link: https://www.econbiz.de/10013428313

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

Management control and innovative activity

Czarnitzki, Dirk - 2000

This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative activities. There are opposing effects concerning R&D intensity in the manager-controlled firm. Our study on the determinants of R&D intensity presents empirical results concerning...

Persistent link: https://www.econbiz.de/10013428380

R&D investment under financing constraints

Giebel, Marek; Kraft, Kornelius - 2020

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

Firm leadership and innovative performance : evidence from seven EU countries

Czarnitzki, Dirk - 2001

This paper considers the effect of different firm leadership on the innovative performance of firms from seven EU countries. We investigate whether owner-led or manager-led firms achieve a larger share of their turnover with product innovations. Economic theory does not propose clear answers to...

Persistent link: https://www.econbiz.de/10013428418

Measuring the impact of innovation on firm value : a new approach

Czarnitzki, Dirk - 2002

Persistent link: https://www.econbiz.de/10013428515