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This paper shows that inventors with an early patenting success have a higher inventive productivity during their remaining career. We use European patent data for a period of 32 years for 1240 German inventors. The patent data are linked with survey data that provide information on an extensive...
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knowledge spillovers are unmeasurable, a 'goodness of fit' measure is constructed using innovation survey data. It turns out … measures constructed from innovation survey data appear to work reasonably well while measures of the Euclidean technological …
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This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative activities. There are opposing effects concerning R&D intensity in the manager-controlled firm. Our study on the determinants of R&D intensity presents empirical results concerning...
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We study how profit taxation affects plants' R&D spending and innovation activities. Relying on geocoded survey panel …
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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...
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Although merger and acquisitions (M&As) are acknowledged as an important means to access innovative assets and know-how, firms’ inventive output often declines in the post-M&A period. Financial, managerial and organizational constraints related to the M&A event contribute to inventive output...
Persistent link: https://www.econbiz.de/10012232039
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