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This paper estimates the effect of heterogeneous university funding stemming from the German Excellence Initiative on a regional firm’s probability to innovate by using a multi-valued two-way fixed effects difference-in-differences model. The estimations show that funding an additional...
Persistent link: https://www.econbiz.de/10014232721
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
In the following paragraphs we will discuss the 'mapping of innovative clusters in national innovation systems'. For … Innovation Survey (which is comparable with CIS data). The Community Innovation Survey (CIS) is an initiative of the EU … innovation systems, highlight the outline conditions for innovations in Germany, focusing above all on the basis of innovations …
Persistent link: https://www.econbiz.de/10013428185
Hidden Champions (HCs) are small- and medium-sized global market leaders that repeatedly show superior innovation … transformation than non-HCs firms. To test this hypothesis, I use data from the Mannheim Innovation Panel. This allows me to identify …
Persistent link: https://www.econbiz.de/10012314933
Functioning markets for technology are an important determinant for the type, scope and distribution of innovation … sectoral pattern of innovation and the distance of a country's industry to the global technological frontier. We explore these … dimensions based on longitudinal industry-level data from the Community Innovation Survey. We find that the demand on markets for …
Persistent link: https://www.econbiz.de/10012109765
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
product development process. HCs do not invest more into innovation, but achieve higher innovation success. The higher …
Persistent link: https://www.econbiz.de/10011997801
We study the implications of services trade for firm innovation. Using a quasi-experimental shift-share design, we find …’ innovation efficiency by mitigating decreasing economies of scale in in-house innovation efforts. As a result, firms become more … likely to outsource innovation efforts as they become more innovative, whereas the prevalence of offshoring depends on its …
Persistent link: https://www.econbiz.de/10015048739
Public procurement accounts for 15 to 20 percent of global GDP and is considered an effective innovation policy …
Persistent link: https://www.econbiz.de/10014502117
We study the blocking effect of patents on follow-on innovation by others. We posit that follow-on innovation requires … freedom to operate (FTO), which firms typically obtain through a license from the patentee holding the original innovation …. Where licensing fails, follow-on innovation is blocked unless firms gain FTO through patent invalidation. Using large …
Persistent link: https://www.econbiz.de/10014503038