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The EU 2020 innovation indicator: A step forward in measuring innovation outputs and outcomes?
Janger, Jürgen; Schubert, Torben; Andries, Petra; … - 2016
In October 2013, the European Commission presented a new indicator intended to capture innovation outputs and outcomes and thereby "support policy-makers in establishing new or reinforced actions to remove bottlenecks that prevent innovators from translating ideas into products and services that...
Persistent link: https://www.econbiz.de/10011556787
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R&D grant and tax credit support for foreign-owned subsidiaries: Does it pay off?
Lenihan, Helena; Mulligan, Kevin; Doran, Justin; … - 2022
Foreign-owned subsidiaries make significant contributions to national Research and Development (R&D) in many host countries. Policymakers often support subsidiaries through R&D grants and R&D tax credits. A key objective of this funding is to leverage R&D-driven firm performance benefits for the...
Persistent link: https://www.econbiz.de/10012876072
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Serving the right menu of R&D policy instruments to firms: An analysis of policy mix sequencing
Lenihahn, Helena; Mulligan, Kevin; Perez-Alaniz, Mauricio; … - 2023
The R&D policy instrument mix concept has become increasingly important for understanding how public R&D support drives firm-level R&D. To-date, empirical studies have conceptualised the instrument mix as a static unit, whereby firms receive multiple policy instruments at one point in time....
Persistent link: https://www.econbiz.de/10014309888
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Cluster policy, innovation, and firm productivity: An econometric assessment of the Flemish Spearhead Cluster Program
Angelino, Pierluigi; Czarnitzki, Dirk; Volckaert, Astrid - 2024
The Flemish government launched its Spearhead Cluster (SHC) policy in 2017. The aim is to boost strategic sectors by setting up cluster initiatives which coordinate collaborative R&D initiatives. In this paper, we analyze whether becoming a member of such a cluster initiative has an impact on...
Persistent link: https://www.econbiz.de/10014567525
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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
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R&D and Firm Performance in a Transition Economy
Czarnitzki, Dirk; Kraft, Kornelius - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 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/10005098291
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Competing internationally: On the importance of R&D for export activity
Czarnitzki, Dirk; Wastyn, Annelies - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010
Export is an important factor to improve growth and welfare especially for industrialized small, open economies such as … Belgium. Policy may be interested in key variables that can influence export. This paper finds evidence for the importance of … R&D for export activities using Belgian firm-level data. To control for reverse causality, R&D-subsidy variables are …
Persistent link: https://www.econbiz.de/10008694125
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Competing internationally: On the importance of R&D for export activity
Czarnitzki, Dirk; Wastyn, Annelies - 2010
Export is an important factor to improve growth and welfare especially for industrialized small, open economies such as … Belgium. Policy may be interested in key variables that can influence export. This paper finds evidence for the importance of … R&D for export activities using Belgian firm-level data. To control for reverse causality, R&D-subsidy variables are …
Persistent link: https://www.econbiz.de/10010302586
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Public subsidies and the sources of venture capital
Berger, Marius; Hottenrott, Hanna - 2020
Research suggests that public subsidies for newly founded firms have a positive effect on follow-on financing, in particular, Venture Capital (VC). This study differentiates between Government VC, Independent VC, Corporate VC, and Business Angels and shows that public subsidies are not relevant...
Persistent link: https://www.econbiz.de/10012389775
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Green start-ups and the role of founder personality
Chapman, Gary; Hottenrott, Hanna - 2022
Green start-ups play a vital role in the needed transition towards more environmentally sustainable economies. Yet our understanding of why some founders start green ventures and others do not remains incomplete. We build on the cognitive and decision-making perspectives on start-ups...
Persistent link: https://www.econbiz.de/10013175972