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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
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
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Skilled labor is a key input to the innovation process. A shortage in supply of skilled labor may hence impede … innovation activities, resulting in lower productivity gains. While governments are concerned about these likely negative impacts …, there is only limited empirical evidence whether and to what extent labor shortage affects innovation activities. The paper …
Persistent link: https://www.econbiz.de/10012168132
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
otherwise visible to society. We develop a structural model of initial and follow-on innovation to determine the effects of such … a shift in disclosure on overall welfare in industries characterized by cumulative innovation. We find that while … significant decline in follow-on innovation. …
Persistent link: https://www.econbiz.de/10012060814
We investigate the causal effect of patent rights on cumulative innovation, using large-scale data that approximate the …
Persistent link: https://www.econbiz.de/10012139072
This paper is concerned with exploring the implications of replicability issues over the medical innovation process … institution governing the testing effort. Research and innovation policy implications are discussed. …
Persistent link: https://www.econbiz.de/10011992481