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Are local milieus the key to innovation performance?

Binz, Hanna L. (contributor); Czarnitzki, Dirk (contributor) - 2008

This study investigates how local milieus foster innovation success of firms. We complement the common practice of … availability of highly skilled labor and the proximity to suppliers matters for firms’ innovation performance. Interestingly …, location factors obtained from the survey provide a more accurate explanation on how local milieus facilitate innovation. …

Persistent link: https://www.econbiz.de/10003634815

R&D investment and financing constraints of small and medium-sized firms

Czarnitzki, Dirk (contributor); Binz, Hanna L. (contributor) - 2008

This study tests for financial constraints on R&D investment and how they differ from capital investment. To identify constraints in the access to external capital, we employ a credit rating index. Our models show that internal constraints, measured by mark-ups, are more decisive for R&D than...

Persistent link: https://www.econbiz.de/10003728587

Financial constraints : routine versus cutting edge R&D investment

Binz, Hanna L. (contributor); Czarnitzki, Dirk (contributor) - 2008

We analyze financial constraints for R&D, where we account for heterogeneity among investments which has been neglected in previous literature. According to economic theory, investments should be distinguished by their degree of uncertainty, e.g. routine R&D versus cutting-edge R&D. Financial...

Persistent link: https://www.econbiz.de/10003618884

Are local milieus the key to innovation performance?

Binz, Hanna L. (contributor); Czarnitzki, Dirk (contributor) - 2008 - Rev. version

Persistent link: https://www.econbiz.de/10003751840