Similar Search Results

On the Profitability of Innovative Assets

Kraft, Kornelius; Czarnitzki, Dirk - 2004

Successful innovative activity is a major contribution to the intangible capital of firms. Although its importance is generally acknowledged, the contribution to companies? profits is a priori unclear. We present the results of an empirical study on the effects of the patent stock on...

Persistent link: https://www.econbiz.de/10010297363

Capital Control, Debt Financing and Innovative Activity

Czarnitzki, Dirk; Kraft, Kornelius - 2004

innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …

Persistent link: https://www.econbiz.de/10010297397

License Expenditures of Incumbents and Potential Entrants: An Empirical Analysis of Firm Behavior

Czarnitzki, Dirk; Kraft, Kornelius - 2005

variables the motives for innovation expenditures are also taken into account. We differentiate between firms which intend to …

Persistent link: https://www.econbiz.de/10010297441

Do Spillovers Stimulate Incremental or Drastic Product Innovations? Hypotheses and Evidence from German Establishment Data

Jirjahn, Uwe; Kraft, Kornelius - 2006

We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive … exert no such independent influence on drastic innovation activities. The results support the hypothesis that establishments … face difficulties in using knowledge that comes from areas they are not familiar with. Establishments exploit spillovers …

Persistent link: https://www.econbiz.de/10010297531

R&D and Firm Performance in a Transition Economy

Czarnitzki, Dirk; Kraft, Kornelius - 2006

We estimate the effects of R&D on firms' credit ratings and on financial distress. The main purpose is the comparison of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on firm value proxied by ratings in Western Germany, but a...

Persistent link: https://www.econbiz.de/10010297541

Beschäftigungsdynamik in jungen innovativen Unternehmen: Empirische Ergebnisse für West-Deutschland

Almus, Matthias; Nerlinger, Eric A. - 1998

Die Ergebnisse der multivariaten Analysen zur Beschäftigungsdynamik und dem Wachstumspotential junger innovativer Unternehmen lassen erkennen, daß junge innovative Unternehmen signifikant höhere Wachstumsraten erzielen als junge Unternehmen mit traditionellen Produkten. Die Abschätzung der...

Persistent link: https://www.econbiz.de/10010297577

Growth determinants of start-ups in Eastern Germany: a comparison between innovative and non-innovative firms

Almus, Matthias; Nerlinger, Eric A.; Steil, Fabian - 1999

(s). This holds especially for technological disciplines whereas business knowledge plays a minor role. In addition to firm and …

Persistent link: https://www.econbiz.de/10010297608

Wachstumsdeterminanten junger Unternehmen in den alten und neuen Bundesländern: Ein Vergleich zwischen innovativen und nicht-innovativen Unternehmen

Almus, Matthias; Engel, Dirk; Nerlinger, Eric A. - 1999

The paper deals with growth determinants of innovative and noninnovative start-ups in Eastern and Western Germany. Based on theoretical approaches explaining the growth of firms, hypotheses on potential determinants are derived. The empirical results indicate strong correlations between average...

Persistent link: https://www.econbiz.de/10010297611

Measuring the impact of innovation on firm value: a new approach

Kraft, Kornelius; Czarnitzki, Dirk - 2002

Most of the existing empirical literature on the relationship of firm value and knowledge capital is based on the stock …. It turns out that innovative firms, i.e. those with a reasonable knowledge stock, have a better credit rating and thus …

Persistent link: https://www.econbiz.de/10010297699

Haftungsregeln und Innovation

Czarnitzki, Dirk; Kraft, Kornelius - 2000

This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity …

Persistent link: https://www.econbiz.de/10010297701