Showing 1 - 10 of 62
market competition. The amount of knowledge firms can absorb from other firms is made dependent on their own research efforts … positive effect on R&D efforts both under research joint venture and under research competition. Firms' propensity to …
Persistent link: https://www.econbiz.de/10011444658
market competition. The amount of knowledge firms can absorb is made dependent on their own research efforts, e.g. firms …-cooperating firms if spillovers are sufficiently large. The degree of market competition is a key determinant of the effects of research … cooperation on research efforts, implying that existing models which assume perfect competition might be too restrictive. …
Persistent link: https://www.econbiz.de/10011446080
This study tests for financial constraints on R&D investment and how they differ from capital investment. To identify constraints in the access to external capital, we employ a credit rating index. Our models show that internal constraints, measured by mark-ups, are more decisive for R&D than...
Persistent link: https://www.econbiz.de/10003728587
. Our empirical investigation rests upon a survey of more than 1,100 innovative firms in Germany. Our survey puts us in the …
Persistent link: https://www.econbiz.de/10003738701
This paper investigates the impact of in-house R&D and innovation management practices on innovation success in small and medium-sized firms (SMEs). While there is little doubt about the significance of technology competence for generating successful innovations, inhouse R&D activities may be a...
Persistent link: https://www.econbiz.de/10003777851
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 negative impact in Eastern Germany. We also consider future … financial distress, and find that R&D in Eastern German firms leads to higher default risk, in contrast to Western Germany …
Persistent link: https://www.econbiz.de/10003328090
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
Subsidising research networks has become a popular instrument in technology policies, driven mainly by expected positive spillovers. In particular, the stimulation of R&D co-operation between scientific institutions and industry is considered as most promising. In the context of policy...
Persistent link: https://www.econbiz.de/10003337981
We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive impact on incremental innovations. This impact is largely independent of the participation in R&D cooperations. Spillovers exert no such independent influence on drastic...
Persistent link: https://www.econbiz.de/10003319674
innovation activities in Germany from various sectors. We find that foreign-controlled firms are not challenged by liability of …
Persistent link: https://www.econbiz.de/10003319681