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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
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collaborate internationally as well as for SMEs. -- Innovation Policy ; Subsidies ; R&D ; SMEs ; International Collaboration … specific policy design aiming at incentivizing (international) collaboration and R&D in small and mediumsized firms achieves …
Persistent link: https://www.econbiz.de/10009686768
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Recent policy initiatives in the EU aim at supporting so-called young highly innovative companies (YICs). This article provides empirical evidence from German CIS data on the innovative performances of this specific type of firms, supporting why they matter. We first characterize YICs in the...
Persistent link: https://www.econbiz.de/10012710897
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In der zweiten Hälfte der 90er Jahre sind die Aufwendungen deutscher multinationaler Unternehmen für Forschung und Entwicklung (FuE) im Ausland stärker gestiegen als im Inland. In gleichem Maße steigerten ausländische Unternehmen ihre FuE-Aufwendungen in Deutschland, so dass die Bilanz...
Persistent link: https://www.econbiz.de/10011601811