This study examines the consequences of loan denials for the investment performance of small and medium-sized German … investment than non-innovative companies. The non-randomness of loan denials is controlled for with a selection equation …

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 …

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. …

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 …

Nanomaterials are seen as a key technology for the 21st Century, and much is expected of them in terms of innovation … products. In this context, it seems all the more important for regions to put their own innovation systems in place, and to … conditions and configurations allow a regional innovation system to be competitive in a cutting-edge technology like …

on the effects of the patent stock on profitability. The data base is a representative sample of German manufacturing … patent stock has a strong and robust effect on profitability. …

investment into innovative activity. In addition, the role of debt financing is analyzed. Subsequently the results from an … empirical study on the determinants of innovative activity measured by patent applications are presented. A sample of German … innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …

This paper presents an empirical analysis of the determinants of patent litigation in Germany, based on information … analysis show that relatively valuable patents are more likely to be involved in litigation cases than the average patent … than patents which have not been opposed. Patent owner?s ability to trade patents with potential infringers and to interact …

competition towards competition based on technical inventions, a worldwide surge in patenting took place, and the ?patent thicket …