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Does Public Scientific Research Complement Industry R&D Investment? The Case of NIH Supported Basic and Clinical Research and Pharmaceutical Industry R&D

Toole, Andrew A. - 2005

This research investigates the hypothesis that publicly funded scientific research complements private R&D investment … in the pharmaceutical industry. New microlevel data on public research investment by the U.S. National Institutes of … explaining pharmaceutical R&D investment. Using a panel of therapeutic classes observed over eighteen years, the analysis finds …

Persistent link: https://www.econbiz.de/10010297487

Are there financing constraints for R&D and investment in German manufacturing firms?

Harhoff, Dietmar - 1996

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 … account, but a significant positive relationship between cash flow and investment remains for relatively small firms. In the …

Persistent link: https://www.econbiz.de/10010299644

Are there financing constraints for R&D and investment in German manufacturing firms?

Harhoff, Dietmar - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 1996

Persistent link: https://www.econbiz.de/10008567560

Left-wing butter vs. right-wing guns: Government ideology and disaggregated military expenditures

Olejnik, Łukasz Wiktor - 2024

This article demonstrates that the influence of government ideology on military expenditures is more nuanced than it was shown in previous research and using only aggregated military expenditures may provide ambiguous results. The disaggregation of military expenditures allows concluding that in...

Persistent link: https://www.econbiz.de/10014567544

Do Computers Call for Training? Firm-level Evidence on Complementarities Between ICT and Human Capital Investments

Hempell, Thomas - 2003

This paper explores whether investments in information and communication technologies (ICT) and firm?sponsored training programmes are complementary. Three approaches are applied to panel data from German service companies for the time period 1994?98. Results for a system of interrelated factor...

Persistent link: https://www.econbiz.de/10010297271

Works Councils and the Productivity Impact of Direct Employee Participation

Zwick, Thomas - 2003

This paper measures the productivity impact of management-led participative establishment practices. On the basis of a representative German establishment data set, the IAB establishment panel, the study finds that the presence of team-work, a reduction of hierarchies and autonomous work groups...

Persistent link: https://www.econbiz.de/10010297298

German Exchange Rate Exposure at DAX and Aggregate Level, International Trade, and the Role of Exchange Rate Adjustment Costs

Jamin, Gösta; Entorf, Horst - 2004

This article analyses value changes of German stock market companies in response to movements of the US dollar. The approach followed in this work extends the standard means of measuring exchange rate exposure in several ways (e.g. by using multi-factor modelling instead of augmented CAPM,...

Persistent link: https://www.econbiz.de/10010297319

ICT, Innovation and Business Performance in Services: Evidence for Germany and the Netherlands

van der Wiel, Henry; van Leeuwen, George; Hempell, Thomas - 2004

Using panel data for German and Dutch firms from the services sector, this paper analyses the importance of ICT capital deepening and innovation for productivity. We employ a model that takes into account that innovation and ICT use may be complementary. The results show that the contribution of...

Persistent link: https://www.econbiz.de/10010297322

How Do Banks Determine Capital? Empirical Evidence for Germany

Weber, Martin; Kleff, Volker - 2003

This paper examines how capital is determined by German banks. We analyse whether the determinants found in the previous empirical literature hold for the special German banking sector with its three characteristic banking groups of savings banks, cooperative banks and other banks. On the basis...

Persistent link: https://www.econbiz.de/10010297333

Different Prices for Identical Products? Market Efficiency and the Virtual Location in B2C E-Commerce

Häring, Julia - 2003

This paper analyses market efficiency and the role of the virtual location in digital markets using a data set containing more than 23,000 price observations from the online market for contact lenses as well as detailed information about online retailer and product characteristics. The data...

Persistent link: https://www.econbiz.de/10010297335

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