Similar Search Results

Do external technology acquisitions matter for innovative efficiency and productivity?

Gantumur, Tseveen; Stephan, Andreas - 2010

technology affects the efficiency and productivity in innovation of technology acquiring firms. Using the stochastic frontier … innovative productivity than non-acquiring firms do. Thus, this study provides evidence on complementarity between internal and … efficiency. Moreover, we find that firm size significantly contributes to innovative efficiency and productivity of external …

Persistent link: https://www.econbiz.de/10009260253

Productivity differences in the European Union : national, regional and spatial effects

Geppert, Kurt; Gornig, Martin; Stephan, Andreas - 2003

the relative importance of national, regional and spatial factors for explaining variations of productivity. Our analysis … shows that initial economic conditions or agglomeration and centrality are indeed relevant for differences in productivity … levels. What is far more important, however, is which country a region belongs to. Productivity differences in the European …

Persistent link: https://www.econbiz.de/10011439298

The impact of public procurement on financial barriers to green innovation : evidence from the European Community Innovation Survey

Schäfer, Dorothea; Stephan, Andreas; Fuhrmeister, Sören - 2022

The purpose of this study is to identify whether an innovative company’s likelihood of facing financial constraints is different when the company possesses a public procurement contract (PP). Theory suggests that the treatment effects of public procurement, particularly when mediated by the...

Persistent link: https://www.econbiz.de/10013342031

Legal history, institutions and banking system development in Africa

Mutarindwa, Samuel; Schäfer, Dorothea; Stephan, Andreas - 2020

This paper links banking systems development to the colonial and legal history of African countries. Specifically, we investigate the impact of differing legal traditions on the development of existing investor and creditor protection, and on African banking systems. Based on a sample of 40...

Persistent link: https://www.econbiz.de/10012146945

What drives the productive efficiency of a firm? : the importance of industry, location, R&D, and size

Badunenko, Oleg (contributor); Fritsch, Michael (contributor) - 2008

This paper investigates the factors that explain the level and dynamics of manufacturing firm productive efficiency. In our empirical analysis, we use a unique sample of about 39,000 firms in 256 industries from the German Cost Structure Census over the years 1992-2005. We estimate the...

Persistent link: https://www.econbiz.de/10003725990

Contribution to productivity or pork barrel? : The two faces of infrastructure investment

Cadot, Olivier (contributor); … - 2004 - [Elektronische Ressource], rev

This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so, we eliminate a potential source of bias in...

Persistent link: https://www.econbiz.de/10002424392

Innovation capabilities and financing constraints of family firms

Schäfer, Dorothea; Stephan, Andreas; Solórzano … - 2015

process innovations. Based on the CDM framework, estimation of the recursive system of equations shows that family businesses …

Persistent link: https://www.econbiz.de/10011411513

A Schumpeter-inspired approach to the construction of R&D capital stocks

Bitzer, Jürgen; Stephan, Andreas - 2002

A new method for constructing R&D capital stocks is proposed. Following Schumpeter, the development of R&D capital stocks is modelled as a process of creative destruction. Newly generated knowledge is assumed not only to add to the existing R&D capital stocks but also, by displacing old...

Persistent link: https://www.econbiz.de/10011436456

Regional disparities in the European Union : convergence and agglomeration

Geppert, Kurt (contributor); Happich, Michael (contributor); … - 2005

Economic disparities between the regions of the European Union are of constant concern both for policy and economic research. In this paper we examine whether there are overlapping trends of regional development in the EU: overall convergence on the one hand and persistent or even increasing...

Persistent link: https://www.econbiz.de/10003217220

Credit rating agency announcements and the eurozone sovereign debt crisis

Baum, Christopher F.; Karpava, Margarita; Schäfer, Dorothea - 2013

This paper studies the impact of credit rating agency (CRA) announcements on the value of the Euro and the yields of French, Italian, German and Spanish long-term sovereign bonds during the culmination of the Eurozone debt crisis in 2011-2012. The employed GARCH models show that CRA downgrade...

Persistent link: https://www.econbiz.de/10010206145