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Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments. Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....
Persistent link: https://www.econbiz.de/10010299174
The paper analyzes how geographical clustering of beneficiaries might affect the effectiveness of public innovation … support programs. The geographical proximity of firms operating in the same industry or field of technology is expected to … facilitate innovation through knowledge spillovers and other localization advantages. Public innovation support programs may …
Persistent link: https://www.econbiz.de/10011571076
Economics and innovation scholars have long recognized the potential of public procurement to trigger innovation. To …? This paper addresses these issues by providing a literature survey of research on public procurement of innovation (PPI …: i) Does PPI spur innovation? ii) How should PPI be designed to best spur innovation? iii) What are the main barriers to …
Persistent link: https://www.econbiz.de/10013502149
This paper investigates the impact of in-house R&D and innovation management practices on innovation success in small … and medium-sized firms (SMEs). While there is little doubt about the significance of technology competence for generating … innovation management tools in order to achieve innovation success. We analyse whether such a strategy can pay off. Based on data …
Persistent link: https://www.econbiz.de/10010298668
attributed to the fact that technology policy maintains special funding schemes for small and medium-sized companies. The fact …
Persistent link: https://www.econbiz.de/10010303005
Information about the success of a new technology is usually held asymmetrically between the research and development …
Persistent link: https://www.econbiz.de/10010336116
Public procurement accounts for 15 to 20 percent of global GDP and is considered an effective innovation policy …
Persistent link: https://www.econbiz.de/10014502593
The ability of firms to establish R&D collaborations that combine resources, exploit complementary know-how, and internalize R&D externalities has been shown to be of high importance for the successful creation and implementation of new knowledge. We argue in this article that collaborative R&D...
Persistent link: https://www.econbiz.de/10010309804
Information about the success of a new technology is usually held asymmetrically between the research and development …
Persistent link: https://www.econbiz.de/10010957591
The ability of firms to establish R&D collaborations that combine resources, exploit complementary know-how, and internalize R&D externalities has been shown to be of high importance for the successful creation and implementation of new knowledge. We argue in this article that collaborative R&D...
Persistent link: https://www.econbiz.de/10010957620