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R&D collaboration facilitates pooling of complementary skills, learning from the partner as well as sharing risks and …. Collaboration, however, involves transaction costs in form of coordination and monitoring efforts and requires knowledge disclosure …. This study explicitly considers a firm's collaboration intensity, that is, the share of collaborative R&D projects in a …
Persistent link: https://www.econbiz.de/10010383763
This study tests for financial constraints on Ramp;D investment and how they differ from capital investment. To identify constraints in the access to external capital, we employ a credit rating index. Our models show that internal constraints, measured by mark-ups, are more decisive for Ramp;D...
Persistent link: https://www.econbiz.de/10012711028
R&D collaboration facilitates pooling of complementary skills, learning from the partner as well as sharing risks and … gains from collaboration can be high initially, cost may start to outweigh those benefits if firms engage in multiple … collaborative projects simultaneously. This study explicitly considers a firm's collaboration intensity, that is, the share of …
Persistent link: https://www.econbiz.de/10010440100
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A new and central economic force is the selection between highand low-type firms, which differ in terms of their innovative capacity. We estimate the parameters of the model using...
Persistent link: https://www.econbiz.de/10012900520
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A new and central economic force is the selection between high- and low-type firms, which differ in terms of their innovative capacity. We estimate the parameters of the model...
Persistent link: https://www.econbiz.de/10012974477
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A key feature is the selection between high- and low-type firms, which differ in terms of their innovative capacity. We estimate the parameters of the model using detailed US...
Persistent link: https://www.econbiz.de/10013035706
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A key feature is the selection between high- and low-type firms, which differ in terms of their innovative capacity. We estimate the parameters of the model using detailed US...
Persistent link: https://www.econbiz.de/10013062735
Persistent link: https://www.econbiz.de/10003823625
Persistent link: https://www.econbiz.de/10009490785
Persistent link: https://www.econbiz.de/10009707246