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Collaborative R&D as a strategy to attenuate financing constraints
Czarnitzki, Dirk; Hottenrott, Hanna - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012
The ability of firms to establish R&D collaborations that combine resources, exploit complementary know-how, and internalize R&D externalities has been shown to be of high importance for the successful creation and implementation of new knowledge. We argue in this article that collaborative R&D...
Persistent link: https://www.econbiz.de/10010957620
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Innovative Capability and Financing Constraints for Innovation: More Money, More Innovation?
Hottenrott, Hanna; Peters, Bettina - In: The Review of Economics and Statistics 94 (2012) 4, pp. 1126-1142
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 …
Persistent link: https://www.econbiz.de/10011009939
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Innovative capability and financing constraints for innovation: More money, more innovation?
Hottenrott, Hanna; Peters, Bettina - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012
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 …
Persistent link: https://www.econbiz.de/10010957615