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(PPCC) as a radical innovation and supercritical coal-fired power plants as an incremental innovation are compared. An ex … sector of large-scale power plants is that an innovation is more likely to succeed the more it follows established …
Persistent link: https://www.econbiz.de/10010298793
This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm?s equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...
Persistent link: https://www.econbiz.de/10010298124
the innovation process. Markets with high competition also force enterprises to produce imitative innovations but give …
Persistent link: https://www.econbiz.de/10010297332
developments at the firm level, the topic of design innovation has not been linked to the open innovation concept yet. In this …
Persistent link: https://www.econbiz.de/10010299461
This paper analyses the determinants of employment reactions of firms when environmental innovations have been carried out. It differentiates hereby between employment increases and decreases. The data stem from a telephone survey covering more than 1500 firms in five European countries that...
Persistent link: https://www.econbiz.de/10010297743
rich data set. The paper shows that innovation expenditures and investments in information and communication technologies …
Persistent link: https://www.econbiz.de/10010297747
innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating …. However, we do not find negative effects on the number of ongoing R&D projects, investments in innovation-related fixed assets … or on the outcome of innovation projects. Likewise, for firms with subsidy-backed environmental innovations no crowding …
Persistent link: https://www.econbiz.de/10010327790
In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U.S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm-level data spanning three decades. Our results indicate that...
Persistent link: https://www.econbiz.de/10012290495
innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating …. However, we do not find negative effects on the number of ongoing R&D projects, investments in innovation-related fixed assets … or on the outcome of innovation projects. Likewise, for firms with subsidy-backed environmental innovations no crowding …
Persistent link: https://www.econbiz.de/10010985640
, regulation appears to be one of the main drivers of ecological innovation. New technology is the second most important stimulus …
Persistent link: https://www.econbiz.de/10010297309