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Microgeography of innovation in the city: Location patterns of innovative firms in Berlin

Rammer, Christian; Kinne, Jan; Blind, Knut - 2016

and measurement approaches used in the Community Innovation Surveys. While controlling for firm size, age and sector, we …

Persistent link: https://www.econbiz.de/10011571073

Designing dynamic research contests

Benkert, Jean-Michel; Letina, Igor - 2016

combine the best aspects of innovation races and research tournaments. …

Persistent link: https://www.econbiz.de/10011663194

Designing dynamic research contests

Benkert, Jean-Michel; Letina, Igor - 2019

This paper studies the optimal design of dynamic research contests. We introduce interim transfers, which are paid in every period while the contest is ongoing, to an otherwise standard setting. We show that a contest where: (i) the principal can stop the contest in any period, (ii) a constant...

Persistent link: https://www.econbiz.de/10012056815

The road not taken: Competition and the R&D portfolio

Letina, Igor - 2015

This article examines the effects of market structure on the variety of research projects undertaken and the amount of duplication of research. A characterization of the equilibrium market portfolio of R&D projects and the socially optimal portfolio is provided. It is shown that a merger...

Persistent link: https://www.econbiz.de/10011663162

Inducing variety: A theory of innovation contests

Letina, Igor; Schmutzler, Armin - 2019

This paper analyzes the design of innovation contests when the quality of an innovation depends on the research …

Persistent link: https://www.econbiz.de/10011993818

Killer acquisitions and beyond: Policy effects on innovation strategies

Letina, Igor; Schmutzler, Armin; Seibel, Regina - 2020

This paper provides a theory of strategic innovation project choice by incumbents and start-ups. We show that … prohibiting killer acquisitions strictly reduces the variety of innovation projects. By contrast, we find that prohibiting other … acquisitions only has a weakly negative innovation effect, and we provide conditions under which the effect is zero. Furthermore …

Persistent link: https://www.econbiz.de/10012284781

Research joint ventures: The role of financial constraints

Brunner, Philipp; Letina, Igor; Schmutzler, Armin - 2022

resources, increase the variety of pursued projects and thereby increase the probability of discovering the innovation. RJVs … improve innovation outcomes when market competition is weak and external financing conditions are bad. An RJV may increase the … innovation probability and nevertheless lower total R&D costs. RJVs that increase innovation tend to be profitable, but …

Persistent link: https://www.econbiz.de/10013285527

Killer acquisitions and beyond: Policy effects on innovation strategies

Letina, Igor; Schmutzler, Armin; Seibel, Regina - 2021

This paper provides a theory of strategic innovation project choice by incumbents and start-ups which serves as a … foundation for the analysis of acquisition policy. We show that prohibiting acquisitions has a weakly negative innovation effect …

Persistent link: https://www.econbiz.de/10012662673

The impact of the EU General Data Protection Regulation on innovation in firms

Blind, Knut; Niebel, Crispin Miles; Rammer, Christian - 2022

consensus on whether this new privacy regulation is beneficial or detrimental to innovation. This study provides empirical … evidence on the impact of the GDPR on innovation activities in firms. Exploiting panel data from the German innovation survey …, a difference-in-difference analysis shows that the GDPR stimulated additional innovation activity while shifting the …

Persistent link: https://www.econbiz.de/10013412968

Research joint ventures: The role of financial constraints

Brunner, Philipp; Letina, Igor; Schmutzler, Armin - 2023

resources, increase the variety of pursued projects and thereby increase the probability of discovering the innovation. RJVs … improve innovation outcomes when market competition is weak or external financing conditions are bad. An RJV may increase the … innovation probability and nevertheless lower total R&D costs. RJVs that increase innovation also increase consumer surplus and …

Persistent link: https://www.econbiz.de/10014333778