Showing 1 - 8 of 8
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …
Persistent link: https://www.econbiz.de/10013070796
This paper compares the role innovation plays in productivity across the four European countries France, Germany, Spain … and the UK using firm-level data from the internationally harmonized Community Innovation Surveys (CIS3). Despite a … still rare. We apply a structural model that describes the link between Ramp;D expenditure, innovation output and …
Persistent link: https://www.econbiz.de/10012778167
-term performance. We investigate 495 transactions with a focus on one form of long-term activities, namely investments in innovation as …
Persistent link: https://www.econbiz.de/10012749918
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …
Persistent link: https://www.econbiz.de/10012463325
-term performance. We investigate 495 transactions with a focus on one form of long-term activities, namely investments in innovation as …
Persistent link: https://www.econbiz.de/10012464024
This paper compares the role innovation plays in productivity across the four European countries France, Germany, Spain … and the UK using firm-level data from the internationally harmonized Community Innovation Surveys (CIS3). Despite a … still rare. We apply a structural model that describes the link between R&D expenditure, innovation output and productivity …
Persistent link: https://www.econbiz.de/10012465938
We analyze how expropriation risk reduces incentives for innovation and reallocates resources from the innovative … risk, such as corruption, negatively impacts innovation by reducing R&D expenditure, human capital in R&D, number of … highlight the detrimental effects of expropriation risk on innovation and economic development at the country level …
Persistent link: https://www.econbiz.de/10014512142
We document that monetary policy has a substantial impact on innovation activities. After a tightening shock of 100 …-based aggregate innovation index, declines by up to 9 percent in the following 2 to 4 years. Based on previous estimates of the … sensitivity of output to innovation activities, these magnitudes imply that output could be 1 percent lower after another 5 years …
Persistent link: https://www.econbiz.de/10014372455