Showing 1 - 7 of 7
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...
Persistent link: https://www.econbiz.de/10010336116
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...
Persistent link: https://www.econbiz.de/10010957591
This paper studies the impact of process and product innovations introduced by firms on employment growth in these firms. A simple model that relates employment growth to process innovations and to the growth of sales separately due to innovative and unchanged products is developed and estimated...
Persistent link: https://www.econbiz.de/10010298693
presents some empirical evidence on the effects of innovation on employment growth and therefore on firms� productivity with … process innovation. The sources of employment growth during the period are split equally between the net contribution of … product innovation and the net contribution from sales growth of old products. However, the contribution of product innovation …
Persistent link: https://www.econbiz.de/10005770776
Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation … enhances the likelihood of having both process and product innovation. Both these kinds of innovation have a positive impact on …
Persistent link: https://www.econbiz.de/10005011990
This paper studies the impact of process and product innovations introduced by firms on employment growth in these firms. A simple model that relates employment growth to process innovations and to the growth of sales separately due to innovative and unchanged products is developed and estimated...
Persistent link: https://www.econbiz.de/10005097602
include ICT investment and R&D as the two main inputs of innovation and productivity. We find that R&D and ICT are both … strongly associated with innovation and productivity, with R&D being more important for innovation and ICT for productivity. We … explore their possible complementarity in innovation and production but find none, although there is complementarity between R …
Persistent link: https://www.econbiz.de/10011099695