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Economics and innovation scholars have long recognized the potential of public procurement to trigger innovation. To what extent has this potential been realized so far? What can be done to improve the performance of PPI in this regard? This paper addresses these issues by providing a literature...
Persistent link: https://www.econbiz.de/10013499115
Recent innovation literature has documented the benefits of cross-pollination of ideas across a wide set of industries and technology fields in an economy. Industrial and trade policies, by contrast, tend to favor economic specialization through the promotion of selected sectors. In this paper...
Persistent link: https://www.econbiz.de/10012150167
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
This paper investigates empirically whether the relation between finance and growth depends on a specific type of financing. I construct a novel panel data set for 34 high income countries over the time period from 1995 to 2014 based on financial accounts data. It allows distinguishing between...
Persistent link: https://www.econbiz.de/10011962798
Despite the ongoing consolidation trend in the banking industry and the attention some mergers (in particular between large banks) have been receiving, there is no consistent picture of the impact of mergers on the stability of the financial system. In this paper, we aim to provide a universal...
Persistent link: https://www.econbiz.de/10014435357
on industrial innovations in Germany. We discuss the characteristics of companies that benefit from the findings of … innovating firms introduced innovations between 1993 and 1995 that would not have been developed without public research. These … ability to absorb the findings of public research and turn them into innovations. Contrary to the widely held opinion that …
Persistent link: https://www.econbiz.de/10013428175
innovation systems, highlight the outline conditions for innovations in Germany, focusing above all on the basis of innovations … knowledge into innovations that bring economic success. …
Persistent link: https://www.econbiz.de/10013428185
In this paper it is tested which of the various alternative approaches for constructing knowledge spillover pools suggested in existing literature measures the extent to which a firm can costlessly receive external knowlegde best. Since knowledge spillovers are unmeasurable, a 'goodness of fit'...
Persistent link: https://www.econbiz.de/10013428289
The paper contributes to the ongoing debate on the natural resource curse, which postulates a negative link between natural resource abundance and economic growth. It shows empirically that resource-rich countries appear to have a less developed financial system and investigates a potential...
Persistent link: https://www.econbiz.de/10010433905
their price - on firm innovations have been largely neglected, even though it represents the majority of all tenders. We … innovations on the one hand, and increases firms' focus on their established products and services on the other hand. These …
Persistent link: https://www.econbiz.de/10014502117