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innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating …. However, we do not find negative effects on the number of ongoing R&D projects, investments in innovation-related fixed assets … or on the outcome of innovation projects. Likewise, for firms with subsidy-backed environmental innovations no crowding …
Persistent link: https://www.econbiz.de/10010225529
This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm's equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...
Persistent link: https://www.econbiz.de/10011448232
This paper aims to shed light on the role of technological opportunities for green innovation by studying the case of … Green ICT innovation. We test two hypotheses: (1) Firms active in low-opportunity technological areas are less innovative … Office with firm-level data from the German Innovation Panel (Mannheim Innovation Panel). The results are based on dynamic …
Persistent link: https://www.econbiz.de/10011436068
This paper analyses the determinants of employment reactions of firms when environmental innovations have been carried out. It differentiates hereby between employment increases and decreases. The data stem from a telephone survey covering more than 1500 firms in five European countries that...
Persistent link: https://www.econbiz.de/10011445814
rich data set. The paper shows that innovation expenditures and investments in information and communication technologies …
Persistent link: https://www.econbiz.de/10011445926
(PPCC) as a radical innovation and supercritical coal-fired power plants as an incremental innovation are compared. An ex … sector of large-scale power plants is that an innovation is more likely to succeed the more it follows established …
Persistent link: https://www.econbiz.de/10003835112
Many countries, especially in Europe, have ambitious goals to transform their national energy systems towards renewable energies. Technological change in both renewable production and efficient use of energy can help to make these targets come true. Using a panel of German firms linked to the...
Persistent link: https://www.econbiz.de/10010357586
This study investigates productivity effects to firms introducing new environmental technologies. The literature on within-firm organisational change and productivity suggests that firms can get higher productivity effects from adopting new technologies if complementary organisational changes...
Persistent link: https://www.econbiz.de/10010238378
Die heutige intensive Auseinandersetzung mit dem Fragenkomplex "technischer Fortschritt" hat verschiedene historische Wurzeln und entstammt verschiedenen Forschungsrichtungen. Technischer Fortschritt wird heute von den meisten Ökonomen als ökonomisches Phänomen anerkannt, dem volle...
Persistent link: https://www.econbiz.de/10011440595
importance of the interactions and linkages among acteurs and institutions involved in innovation and technology development of a … country and calls such a web of interaction a national innovation system. The theoretical and empirical analyses on national … systems of innovation lead to the conclusion that countries differ in the way in which knowledge flows and that innovation …
Persistent link: https://www.econbiz.de/10011440884