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Young Innovative Companies (YIC) gained increasing attention from governments and scholars due to their expected high innovative performance and growth. Consequently, this study investigates whether Young Innovative Companies, as defined by the EU, grow more than other firms, both in terms of...
Persistent link: https://www.econbiz.de/10009529671
Recent years have shown a surge of firms globalising their innovation activities in order to gain from international … stronger dispersed international R&D activities hamper or stimulate innovation. Second, we employ two well-established market …-based indicators for innovation (introduction of and sales growth rates due to new products) instead of looking at inventions (patents …
Persistent link: https://www.econbiz.de/10008759768
to other high‐tech start‐ups. However, neither a comprehensive theoretical assessment nor the empirical literature on … wages in start‐ups unambiguously predicts the existence and the direction of wage differentials between spin‐offs and non …. Using a unique linked employer‐employee data set of German high‐tech start‐ups, we estimate Mincer‐type wage regressions …
Persistent link: https://www.econbiz.de/10010532473
analyzing the number of start‐ups and firm closures on a yearly basis for Germany. Further, the MUP is the sampling frame for …
Persistent link: https://www.econbiz.de/10010440710
&D Collaboration ; Knowledge Exchange ; Patents ; Innovation ; Count Data Models …
Persistent link: https://www.econbiz.de/10009572477
A growing literature investigates how firms' innovation input reacts to changes in the business cycle. However, so far … there is no evidence whether there is cyclicality in the effects of innovation on firm performance as well. In this paper …. (2014), our empirical analysis reveals four important findings: First, the net effect of product innovation on employment …
Persistent link: https://www.econbiz.de/10011563081
dynamics. We investigate this reallocation in terms of employment gains and losses from innovation. New employment created by … product innovation may be offset by employment losses in related products, known as 'cannibalisation' or 'business stealing …' effects in the literature, by employment losses from process and organisational innovation and by general productivity …
Persistent link: https://www.econbiz.de/10011563084
The missing effect of investments of firms in information and communication technologies on productivity is studied by various recent papers (e.g. Oliner and Sichels 1994, Landauer 1995, Brynjolfsson and Hitt 1996). Several explanations are given for this missing link. Our paper deals with two...
Persistent link: https://www.econbiz.de/10011440920
employment for different types of labour in manufacturing. The empirical model allows for endogeneity of the firm's innovation … market products is more important than any other measure of product innovation in determining the expected employment …
Persistent link: https://www.econbiz.de/10011443464
This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity …
Persistent link: https://www.econbiz.de/10011444773