Showing 1 - 10 of 357
This paper investigates how competition and firm size affect the relationship between market uncertainty and R&D investment. We use an intuitively appealing measure of firm-specific uncertainty along with panel data to show that firms invest less in current R&D as uncertainty about market...
Persistent link: https://www.econbiz.de/10010297999
substitution effects or general innovation outcome measures, but we are interested in knowing where the policy effect is highest …: on innovation close to the market (i.e. incremental innovation) or on innovation that is still far from the market and … market failure is highest, that is, for radical innovation. Taking into account that the Swiss funding agency encourages …
Persistent link: https://www.econbiz.de/10011097458
substitution effects or general innovation outcome measures, but we are interested in knowing where the policy effect is highest …: on innovation close to the market (i.e. incremental innovation) or on innovation that is still far from the market and … market failure is highest, that is, for radical innovation. Taking into account that the Swiss funding agency encourages …
Persistent link: https://www.econbiz.de/10010435445
The innovation activities of foreign subsidiaries have been identified as an important source of competitive advantage … foreignness). We derive potential stumbling blocks in the innovation process theoretically and argue that these materialize as … innovation activities in Germany from various sectors. We find that foreign-controlled firms are not challenged by liability of …
Persistent link: https://www.econbiz.de/10010297537
known about how the direction of search strategies influences innovation performance. In this paper, we argue that firms … that being open for innovation generally pays off. However, both moderating factors have a crucial role to play: On the one … novel knowledge and to enhance innovation performance. We develop targeted management recommendations based on these results. …
Persistent link: https://www.econbiz.de/10010298788
Our study shows empirically that the choice of resource allocation strategy affects innovation performance. A policy of … allocating resources to a broader range of innovation projects increases sales of new products, especially if these are truly … stronger for firms that allocate resources more selectively at later stages of the innovation process. Based on these results …
Persistent link: https://www.econbiz.de/10010307838
Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form … monitored by their corporate sponsors, resulting in less favorable conditions for radical innovation. …
Persistent link: https://www.econbiz.de/10010302257
The contribution of different-sized businesses to job creation continues to attract policymakers' attention, however, it has recently been recognized that conclusions about size were confounded with the effect of age. We probe the role of size, controlling for age, by comparing the cohorts of...
Persistent link: https://www.econbiz.de/10011095352
Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to cash flow for relatively small firms. Much of this...
Persistent link: https://www.econbiz.de/10010299644
between small and medium-sized (SME) and large (LE) enterprises. Using data from the Mannheim Innovation Panel (MIP) 2015 …, results show that, in general, SME benefit more from environmental innovations than LE. This effect is particularly strong for … an increase in profits of SME, whilst related to a decrease in profits of LE. A robustness check with data from the MIP …
Persistent link: https://www.econbiz.de/10012056162