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quality) than their European counterparts after patent rights for software inventions were introduced. We then introduce a …
Persistent link: https://www.econbiz.de/10013358989
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
A major source of research funding for university professors are competitive research grants. With focus on Luxembourg, we present results from a difference-in-difference analysis which show that research grants by the Luxembourg National Research Fund (FNR), the central research funding agency...
Persistent link: https://www.econbiz.de/10012648420
firms may protect their inventions by means of intellectual property rights, such as patents. By taking out a patent … functioning of the contemporary patent system. We find that patenting firms are being less confronted with imitation. The effect … of patents on the dissemination of R&D findings is, however, insignificant. Therefore, we conclude that patent …
Persistent link: https://www.econbiz.de/10012623469
Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to cash flow for relatively small firms. Much of this...
Persistent link: https://www.econbiz.de/10011621855
Foreign-owned subsidiaries make significant contributions to national Research and Development (R&D) in many host countries. Policymakers often support subsidiaries through R&D grants and R&D tax credits. A key objective of this funding is to leverage R&D-driven firm performance benefits for the...
Persistent link: https://www.econbiz.de/10012816814
Persistent link: https://www.econbiz.de/10003423940
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
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