Showing 1 - 10 of 18
We estimate the effects of R&D on firms' credit ratings and on financial distress. The main purpose is the comparison of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on firm value proxied by ratings in Western Germany, but a...
Persistent link: https://www.econbiz.de/10003328090
Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments. Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....
Persistent link: https://www.econbiz.de/10003881344
This paper explores the impact of R&D subsidies on the concentration of R&D in an economy. First, governments are often criticized of subsidizing predominantly larger firms and thus contribute to persistence of leadership in markets and higher barriers to entry, and, hence, reduced competition...
Persistent link: https://www.econbiz.de/10008701446
In the following paragraphs we will discuss the "mapping of innovative clusters in national innovation systems". For this we have used a data set of almost 3.000 firms that participated in the first and fifth survey of the Mannheimer Innovation Survey (which is comparable with CIS data). The...
Persistent link: https://www.econbiz.de/10011442326
Ostdeutsche Unternehmen werden seit der deutschen Wiedervereinigung bei staatlichen Subventionsprogrammen besonders berücksichtigt. Diese Studie untersucht die Auswirkungen der Forschungs- und Technologiepolitik auf die Innovationsaktivitäten von Unternehmen der neuen Bundesländer. Es stellt...
Persistent link: https://www.econbiz.de/10011445678
This study analyzes the effects of public R&D policy schemes on the innovation activities of firms located in Eastern Germany. The main question in this context is whether public funds stimulate R&D activities or simply crowd out privately financed R&D. Empirically, we investigate the average...
Persistent link: https://www.econbiz.de/10011445919
This study analyses the effectiveness of targeted public support for R&D investment. In particular, we test whether the specific policy design aiming at incentivizing (international) collaboration and R&D in small and mediumsized firms achieves the desired objectives on input as well as output...
Persistent link: https://www.econbiz.de/10009686768
Bundesministerium für Wirtschaft und Technologie (BMWi) die Zuständigkeit für die deutsche Innovationspolitik. Dieses für den Bund … Entwicklung in der Forschungs- und Innovationspolitik gegenüber, die nur mäßig von ökonomischen Konzepten beeinflusst worden ist …. Nach Darstellung des Entwicklungsverlaufs der bundesdeutschen Innovationspolitik kommt eine Analyse des …
Persistent link: https://www.econbiz.de/10011446955
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