Showing 1 - 10 of 43
Persistent link: https://www.econbiz.de/10009003572
Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form corporate ventures. Based on a sample of corporate and independent ventures in German manufacturing, we show that corporate ventures are more innovative than the control group, i.e. the...
Persistent link: https://www.econbiz.de/10008676483
The Mannheim Enterprise Panel (Mannheimer Unternehmenspanel - MUP) of the Centre for European Economic Research (ZEW) is the most comprehensive micro database of companies in Germany outside the official business register (which is not accessible to the public). The MUP is based on the firm data...
Persistent link: https://www.econbiz.de/10011097463
We investigate the interdependence of debt financing and R&D activities of young firms. Using micro-level data of the KfW/ZEW Start-up Panel, our estimation results show that firm characteristics are more important than personal characteristics of the founders for explaining young firms'...
Persistent link: https://www.econbiz.de/10010957587
Classical patent literature assumes that patents grant well-defined legal rights to exclude others from practicing an invention. In this scenario, start-up companies benefit from the exclusive right to commercialize patent-protected inventions and the certification effect of patents which...
Persistent link: https://www.econbiz.de/10010957765
The goal of this paper is to point out the role played by private equity investors (venture-capital companies and corporate investors) in the emergence of a new biotechnology industry in Germany in the second half of the 90?s. This analysis takes into account the different business models and...
Persistent link: https://www.econbiz.de/10010297325
Regions with biotechnology-specific knowledge seem to have best chances to attract potential entrepreneurs to establish a biotechnology-firm. Furthermore, regional oriented technology policy is supposed to stimulate the creation process of biotechnology clusters, too. The BioRegio contest (BRC)...
Persistent link: https://www.econbiz.de/10010297462
The paper tests empirically the role of knowledge stocks to explain the regional distribution of Germany?s biotechnology founders. We present an unique approach to highlight the role of knowledge spillovers as we differentiate according the local embeddedness and research affinity of founders....
Persistent link: https://www.econbiz.de/10010297473
, etablierten Unternehmen herangewachsen. Aufgrund der - im Vergleich zu den USA - kleinen nationalen Heimatmärkte ist die schnelle … Analyse ist Teil einer in Zusammenarbeit mit der Warwick Business School (Großbritannien) durchgeführten Untersuchung, die zu … Mehrheit der analysierten jungen Unternehmen bereits in den ersten Lebensjahren auf Auslandsmärkten aktiv sind, angefangen vom …
Persistent link: https://www.econbiz.de/10010297595
Our research, based on the ZEW-Foundation Panel East, examines whether high-tech start-ups are mainly founded in scientific and infrastructural well suited regions or not. Estimation results on the level of postcode areas confirm the hypothesis that specific human capital, knowledge spillovers...
Persistent link: https://www.econbiz.de/10010297692