Showing 1 - 10 of 955
We estimate the effects of R&D on firms' credit ratings and on financial distress. The main purpose is the comparison … 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 …
Persistent link: https://www.econbiz.de/10003328090
. 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
Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments. Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....
Persistent link: https://www.econbiz.de/10003881344
science. Based on a sample of more than 1,000 scientists at universities and public research institutes in Germany, this paper …
Persistent link: https://www.econbiz.de/10003969874
in Deutschland auf Basis eines Mikrosimulationsmodells. Die fiskalischen Kosten betragen zwischen 464 Mio. € und 5 … ; Förderung ; Deutschland …
Persistent link: https://www.econbiz.de/10003951045
This paper explores the impact of R&D subsidies on the concentration of R&D in an economy. First, governments are often criticized of subsidizing predominantly larger firms and thus contribute to persistence of leadership in markets and higher barriers to entry, and, hence, reduced competition...
Persistent link: https://www.econbiz.de/10008701446
This study focuses on the impact of innovation policies and R&D collaboration in Germany and Finland. We consider … the firm level. In general, we find that collaboration has positive effects. In Germany, subsidies for individual research …
Persistent link: https://www.econbiz.de/10003670962
Die vorliegenden Überlegungen sind darauf gerichtet, die Ideen und wesentlichen Gedanken Nationaler Innovationssysteme aufzugreifen und in den Kontext einer wissensbasierten Ökonomie zu stellen. Neben den Akteuren oder Spielern geht es um die Regeln und Funktionsmechanismen und schließlich...
Persistent link: https://www.econbiz.de/10011440884
Persistent link: https://www.econbiz.de/10002162617
biotech industry in Germany. We assume that R&D policy was driven blind by the idea to catch up with world’s biotech leaders … and analyse if Germany’s R&D policy lost its origins. We do examine, if Germany sacrifice economic funding principles, in …
Persistent link: https://www.econbiz.de/10003178532