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This article investigates how a firm's financial strength affects its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from...
Persistent link: https://www.econbiz.de/10012997893
This paper examines the decision to enter the export market by German firms. While exports have played an important role in recent German business cycle movements, little is known about the export supply response of German firms. This paper presents a dynamic model of the export decision by a...
Persistent link: https://www.econbiz.de/10013228015
knowledge acquisition (A), implementing written knowledge management rules (W). The French 1998-2000 Community Innovation Survey …
Persistent link: https://www.econbiz.de/10013222659
innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10013064941
quality, follow-on innovation. Winning a first patent boosts a startup's subsequent growth and innovation by facilitating …
Persistent link: https://www.econbiz.de/10012960171
, droughts and flooding on the innovation of their respective mitigation technologies. Using patent and disaster data, our study … is the first to relate natural disasters to technology innovation, and also presents the first attempt to empirically …
Persistent link: https://www.econbiz.de/10013035368
This paper estimates the effect of trade policy during the Great Liberalization of the 1990s on innovation in over 60 … enables us to establish the causal impact of trade policy on innovation. Our results suggest that trade liberalization has … economically significant effects on innovation and, ultimately, on technical change and growth. According to our estimates, about 7 …
Persistent link: https://www.econbiz.de/10012982938
person. This paper studies the role of short-term cross-border labor movements for innovation by estimating the recent impact … one fourth as potent for innovation as domestic R&D spending. We show that the technological knowledge of each business … traveler matters by estimating a higher impact for travelers that originate in U.S. states with substantial innovation, such as …
Persistent link: https://www.econbiz.de/10013067960
innovative and unchanged products is developed and estimated using comparable firm-level data from France, Germany, Spain and the …
Persistent link: https://www.econbiz.de/10012751345
The extensive literature on knowledge management spans several fields, but there are remarkably few studies that address the basic question as to whether knowledge management practices improve organizational performance. I examine that question using a national probability sample of...
Persistent link: https://www.econbiz.de/10013139559