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R&D capital and economic growth: The empirical evidence

McMorrow, Kieran; Röger, Werner - In: EIB Papers 14 (2009) 1, pp. 94-118

reduction of entry barriers for start-ups and increasing high-skilled labour would contribute towards raising productivity and … come close to achieving the Lisbon productivity and knowledge-investment targets. Achieving US standards in all three areas … would reduce the productivity gap by about 50 percent. Improving the quality of tertiary education and increasing …

Persistent link: https://www.econbiz.de/10010285455

Financing technology transfer

Darcy, Jacques; Krämer-Eis, Helmut; Guellec, Dominique; … - In: EIB Papers 14 (2009) 2, pp. 54-72

Global policy discussions increasingly focus on innovation and the knowledge economy as a driver of long-term growth. In parallel new forms of innovation processes are emerging, notably open innovation and innovation networks stressing the importance of connections between various stakeholders....

Persistent link: https://www.econbiz.de/10010273391

Innovation and economic growth

Uppenberg, Kristian - In: EIB Papers 14 (2009) 1, pp. 10-35

The literature on economic growth has identified knowledge expansion as a key propellant. Early research derived this …

Persistent link: https://www.econbiz.de/10010273389

Only a mid-life crisis? The future for IFIs in an integrated world

Hurst, Christopher; Perée, Eric - In: EIB Papers 3 (1998) 2, pp. 10-29

The European Investment Bank (EIB) differs from most other international financial institutions (IFIs) in that it lends in all of its member countries, not only in its poorer members. It does lend throughout the world, but most of its lending is within the European Union (EU). A significant...

Persistent link: https://www.econbiz.de/10010273276

The financing of innovative firms

Hall, Bronwyn H. - In: EIB Papers 14 (2009) 2, pp. 8-28

To what extent are new and/or innovative firms fundamentally different from established firms, and therefore require a different form of financing? The theoretical background for this proposition is presented, and the empirical evidence on its importance is reviewed. Owing to the intangible...

Persistent link: https://www.econbiz.de/10010273390

The role of patents and licenses in securing external finance for innovation

Harhoff, Dietmar - In: EIB Papers 14 (2009) 2, pp. 74-97

Financing constraints have been discussed as a major obstacle to innovation. Small and mediumsized enterprises and start-ups are particularly concerned by such impediments. Venture capital has emerged as a partial solution in some countries, but is only available for start-up firms with major...

Persistent link: https://www.econbiz.de/10010273396

The virtue of industry-science collaborations

Czarnitzki, Dirk - In: EIB Papers 14 (2009) 1, pp. 120-143

This article analyzes the potential benefits of industryscience collaborations for samples of Flemish and German firms. A firm collaborating with science may benefit from knowledge spillovers and public subsidies as industry-science collaborations are often granted preferred treatment. I shed...

Persistent link: https://www.econbiz.de/10010273395

How productive are capital investments in Europe?

Vanhoudt, Patrick; Mathä, Thomas; Schmid, Bert - In: EIB Papers 5 (2000) 2, pp. 81-106

. These notions refer to the fact that sometimes a certain action by an economic agent results indirectly in productivity …

Persistent link: https://www.econbiz.de/10010273305

Productivity growth prospects and the new economy in historical perspective

David, Paul - In: EIB Papers 6 (2001) 1, pp. 41-61

connected this with evidence of the revival of labour productivity growth, which became increasingly visible in the aggregate … productivity performance of the preceding two decades. …

Persistent link: https://www.econbiz.de/10010273317

Is there a lack of public capital in the European Union?

Kamps, Christophe - In: EIB Papers 10 (2005) 1, pp. 73-93

This paper investigates whether there is a lack of public capital in European Union countries. The analysis builds on a new database providing internationally comparable capital stock estimates for 22 OECD countries, among these 14 EU countries, for the period 1960-2001. A simple model of...

Persistent link: https://www.econbiz.de/10010273347