This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of … they selected additional innovation projects, they must have had some unexploited investment opportunities that were not … profitable using more costly external finance. We attribute constraints for innovation not only to lacking financing, but also to …

This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of …. If they selected additional innovation projects, they must have had some unexploited investment opportunities that were … not profitable using more costly external finance. We attribute constraints for innovation not only to lacking financing …

This paper examines how foreign-owned and domestically owned firms transform innovation into employment growth. The …, reveals important differences between the two groups: Due to general productivity increases and process innovation, foreign … innovation are larger for foreignowned firms. Together with employment-stimulating effects stemming from existing products, they …

This paper examines the links between innovation and productivity in service enterprises. For this purpose, we use … micro data from the Community Innovation Survey 2008 in Germany, Ireland and the United Kingdom, and estimate an augmented … structural model. Our results indicate that innovation in service enterprises is linked to higher productivity. In all three …

This paper investigates whether firms innovate persistently or discontinuously over time using an innovation panel data … set on German manufacturing and service firms for the period 1994-2002. We find that innovation behaviour is permanent at … innovation experience, the results further highlight the important role of knowledge provided by skilled employees and unobserved …

innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …

This paper examines how productivity effects of human capital and innovation vary at different points of the …-technology manufacturing, average innovation performance is higher in all industries in Germany and the innovation performance distributions … investing in product innovation in the majority of industries. Frontier firms enjoy the highest returns to product innovation …