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The knowledge production of 'R' and 'D'
Czarnitzki, Dirk (contributor); Kraft, Kornelius (contributor) - 2008
Many studies investigate the relationship between R&D expenditures as an input and patents as an intermediate product or output of a knowledge production function. We suggest that the productivity of research in patent production functions has been underestimated in the literature, as scholars...
Persistent link: https://www.econbiz.de/10003728577
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Do spillovers stimulate incremental or drastic product innovations? : Hypotheses and evidence from German establishment data
Jirjahn, Uwe (contributor); Kraft, Kornelius (contributor) - 2006
We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive … exert no such independent influence on drastic innovation activities. The results support the hypothesis that establishments …
Persistent link: https://www.econbiz.de/10003319674
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Firm leadership and innovative performance : evidence from seven EU countries
Czarnitzki, Dirk - 2001
This paper considers the effect of different firm leadership on the innovative performance of firms from seven EU countries. We investigate whether owner-led or manager-led firms achieve a larger share of their turnover with product innovations. Economic theory does not propose clear answers to...
Persistent link: https://www.econbiz.de/10013428418
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Management control and innovative activity
Czarnitzki, Dirk - 2000
This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative activities. There are opposing effects concerning R&D intensity in the manager-controlled firm. Our study on the determinants of R&D intensity presents empirical results concerning...
Persistent link: https://www.econbiz.de/10013428380
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Bank credit supply and firm innovation
Giebel, Marek; Kraft, Kornelius - 2018
financial crisis 2008/2009 on their business customers’ innovation activity. Using a matched bank-firm data set for Germany, we … find that having relations with a more severely affected bank seriously hampers firms’ current innovation activities due to … initiate new product and process innovations and to reallocate human resources to innovation during the financial crisis. …
Persistent link: https://www.econbiz.de/10011798962
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R&D and firm performance in a transition economy
Czarnitzki, Dirk (contributor); Kraft, Kornelius (contributor) - 2006
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...
Persistent link: https://www.econbiz.de/10003328090
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The effect of entry on R&D investment of leaders : theory and mpirical evidence
Czarnitzki, Dirk (contributor); Etro, Federico (contributor) - 2008
predictions with a Tobit model based on a unique dataset and survey for the German manufacturing sector (the Mannheim Innovation …
Persistent link: https://www.econbiz.de/10003761020
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An empirical test of the asymmetric models on innovative activity : who invests more into R&D - the incumbent or the challenger?
Czarnitzki, Dirk - 2000
The theoretical discussion concerning the question whether the incumbent or the (potential) entrant invests more into R&D has attracted considerable interest. This paper reports the results of an empirical study on this question using data of about 3500 German firms over the years 1992 to 1995....
Persistent link: https://www.econbiz.de/10013428313
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An empirical test of the asymmetric models on innovative activity : who invests more into R&D - the incumbent or the challenger?
Czarnitzki, Dirk; Kraft, Kornelius - 2000
The theoretical discussion concerning the question whether the incumbent or the (potential) entrant invests more into R&D has attracted considerable interest. This paper reports the results of an empirical study on this question using data of about 3500 German firms over the years 1992 to 1995....
Persistent link: https://www.econbiz.de/10011444512
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Co-determination and innovation
Kraft, Kornelius; Stank, Jörg; Dewenter, Ralf - 2009
This paper examines the effect of the German co-determination law of 1976 (MitbestG) on the innovative activity of German firms. Co-determination applies to firms with 2000 employees or more. Data from 1971-1976 and 1981-1990 on 148 firms are used to compare the number of patents granted to...
Persistent link: https://www.econbiz.de/10010288477