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We use competing risks methods to investigate the causal link between venture capital (VC) investments supported by the EIF and the exit prospects and patenting activity of young and innovative firms. Using a novel dataset covering European start-ups receiving VC financing in the years 2007 to...
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- analyzing their effects can shed light on the process of knowledge creation and diffusion. The paper applies fixed …
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This study investigates the determinants of FDI in Austria, as well as their spillovers to innovating technologies, productivity, and employment, using firm-level data, for the period 2008-2018. The findings point out that a decrease in the costs of trade increases investment in foreign-owned...
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Foundation models (FMs) are the origin of breakthrough innovations in generative artificial intelligence (AI) applications, such as ChatGPT. Only responsible developments in competitive markets can help ensure that FMs deliver their full benefits at minimum risk. FM developers require language...
Persistent link: https://www.econbiz.de/10014316286
The effect of market competition on firm innovation remains controversial, especially in the context of developing … countries. This paper presents new empirical evidence about the causal impact of competition on firm innovation for Chilean and … propensity to invest in innovation, but this relationship manifests differently in the two countries. While this relationship is …
Persistent link: https://www.econbiz.de/10014496286