Showing 1 - 10 of 10
-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
Recent empirical evidence has shown that firm’s innovation behavior exhibits high persistency but not much is known … environment and asks how local knowledge spillovers affect firms' innovation persistence. The empirical analysis draws upon a … former evidence that persistency in innovation is driven by true state dependence. More importantly, we find that the local …
Persistent link: https://www.econbiz.de/10012167049
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
Persistent link: https://www.econbiz.de/10013428557
The interaction between the sea and the economy gives this environment enormous strategic importance. The forms of economic exploitation are diverse and include sectors such as energy, fishing, tourism, transportation, biotechnology, and shipbuilding. For Brazil, country with an extensive...
Persistent link: https://www.econbiz.de/10014429345
Brazil is a country with a maritime vocation, whose development is intrinsically associated with the sea. The Brazilian coast and jurisdictional waters' extension constitute a challenge on themselves to the national defense. The presence of fundamental potentialities for the country, such as...
Persistent link: https://www.econbiz.de/10014429332
makes it vital to undertake efforts and investments in the area of science, technology, and innovation, especially in … interrelation between national defense and science, technology and innovation, the general characteristics of the Navy's main …
Persistent link: https://www.econbiz.de/10014429355
In evaluating the effectiveness of R&D subsidies, the literature has focused on potential crowding out effects, while the possibility of misappropriation of public funds that results from moral hazard behavior has been completely neglected. This study develops a theoretical framework with which...
Persistent link: https://www.econbiz.de/10012661468
We investigate the misappropriation of R&D subsidies and evaluate its consequences for policy effectiveness. Using Chinese firm-level data for 2001-2011, we identify that 42% of grantees misused R&D subsidies, accounting for 53% of total R&D subsidies. Misappropriation leads to a substantial...
Persistent link: https://www.econbiz.de/10013175474