Showing 1 - 7 of 7
The real options investment theory shows that greater uncertainty about market revenues reduces current R&D investment by increasing the value of waiting. This paper presents empirical evidence that patent protection mitigates the effect market uncertainty on R&D investment.
Persistent link: https://www.econbiz.de/10003359656
who start or join for-profit firms using information from the Small Business Innovation Research (SBIR) program and …
Persistent link: https://www.econbiz.de/10003607671
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 Health allow measures of basic and clinical research in seven...
Persistent link: https://www.econbiz.de/10003224327
Innovation activities in the German enterprise sector showed two opposing trends over the past two decades: While total … innovation expenditures grew substantially, the number of firms conducting innovation activities fell sharply. Innovation … expenditures hence concentrate on fewer firms. In this paper we analyse the evolution of firms' innovation and R&D activities …
Persistent link: https://www.econbiz.de/10011418886
This paper investigates the drivers and the effects of the internationalisation of innovation activities in SMEs based … on a large data set of German firms covering the period 2002-2007. We look at different stages of the innovation process … resources, home market competition and innovationrelated location advantages for an SME's decision to engage in innovation …
Persistent link: https://www.econbiz.de/10003721820
This paper investigates the drivers and the effects of the internationalisation of innovation activities in SMEs based … on a large data set of German firms covering the period 2002-2007. We look at different stages of the innovation process … resources, home market competition and innovationrelated location advantages for an SME's decision to engage in innovation …
Persistent link: https://www.econbiz.de/10003751859
This paper analyses the relationship between past innovation output, competition, and future innovation input in a … results for both countries. Innovation output in t-1 as measured by the sales share of innovative products is positively …&D investments in t+1, while high substitutability exerts negative incentives for future R&D investment. -- Innovation ; R …
Persistent link: https://www.econbiz.de/10003979063