This paper aims to assess the impact of both geographic and industrial diversification of economic activities on the productivity performance of large European R&D Multinational Enterprises (MNEs). Based on the worldwide subsidiaries of these firms, we measure the performance of the firms...

This paper explores the existence and importance of financing constraints for R&D investments in large EU and US manufacturing companies over the 2000 – 2007 period. The main results obtained by estimating error-correction equations suggest that the sensitivity of R&D investments to cash flow...

Using firm level information on the world leading R&D investors, this paper investigates through a system GMM estimation of the investment error correction model, whether younger innovators face more severe or no financing constraints, as opposed to older innovators, and whether this would hold...

This paper aims to assess the impact of both geographic and industrial diversification of economic activities on the productivity performance of large European R&D Multinational Enterprises (MNEs). Based on the worldwide subsidiaries of these firms, we measure the performance of the firms...

This paper explores the existence and importance of financing constraints for R&D investments in large EU and US manufacturing companies over the period 2000–2007. The main results obtained by estimating error-correction equations suggest that the sensitivity of R&D investments to cash flow...

This study investigates how corporate R&D evolves in the light of the contemporary economic crisis. We study empirical evidence from past downturns, discuss the relevant literature and perform an empirical analysis of recent business survey data (collected during 2009). Pivotal for our...

[eng] Analysis of Determinants of Technological Innovation in a Newly Industrialised Country : an Econometric Study of Business Data in the Turkish Manufacturing Sector.. This article examines the determinants of technological innovation activities by businesses in Newly Industrialised Countries...

It can be observed that many R&D performing firms produce scientific knowledge and discloseresearch outcomes in scientific journals. At the micro-level, prior work identified several potentialbenefits of such a strategy like superior access to informal information networks or the opportunity...