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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
Subsidising research networks has become a popular instrument in technology policies, driven mainly by expected positive spillovers. In particular, the stimulation of R&D co-operation between scientific institutions and industry is considered as most promising. In the context of policy...
Persistent link: https://www.econbiz.de/10003337981
. Deutschland liegt mit einem Anteil der FuE-Aufwendungen von 2,54 % des BIP innerhalb der EU-Mitgliedstaaten nur auf dem dritten … Wirtschaft - Wissenschaft geprüft, ob und mittels welcher Instrumente auch in Deutschland eine direkte steuerliche Förderung von … steuerlichen FuE-Förderung in Deutschland entwickelt. Dieser Text bildet eine Diskussionsgrundlage für den gleichnamigen Vortrag …
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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 study presents a novel empirical approach to identify financing constraints for innovation based on the idea of an ideal test as suggested by Hall (2008). Firms were offered a hypothetical payment and were asked to choose between alternatives of use. If they choose additional innovation...
Persistent link: https://www.econbiz.de/10003914253
Belgien, Deutschland und Luxemburg verwendet. Zusätzlich stehen CISharmonisierte Informationen aus Südafrika zur Verfügung …
Persistent link: https://www.econbiz.de/10008665042
in Deutschland auf Basis eines Mikrosimulationsmodells. Die fiskalischen Kosten betragen zwischen 464 Mio. € und 5 … ; Förderung ; Deutschland …
Persistent link: https://www.econbiz.de/10003951045