Showing 1 - 10 of 60
Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments. Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....
Persistent link: https://www.econbiz.de/10010299174
recipients' investment is less sensitive to internal liquidity. -- Research and development ; liquidity constraints ; innovation …
Persistent link: https://www.econbiz.de/10003881344
Academic researchers face mobility related decisions throughout their careers. We study the importance of team and organisational characteristics of the home departments for career choices of departing researchers in the fields of science and engineering at higher education institutions in...
Persistent link: https://www.econbiz.de/10010383766
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/10010309804
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...
Persistent link: https://www.econbiz.de/10010341887
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...
Persistent link: https://www.econbiz.de/10010252810
This article studies the role of research orientation for attracting research grants at higher education institutions in Germany. Traditionally research activities were funded by the institutions' core budget. More recently, extramural research funding has become increasingly important. Besides...
Persistent link: https://www.econbiz.de/10013123509
establishment data on various aspects of training practices and innovation activities in Germany, the paper examines the degree … works councils as an instrument for a firm’s total training activities that correlate with innovation, and weak support when … we consider only generalized training and innovation. Finally, no significant relation is found between training …
Persistent link: https://www.econbiz.de/10010255042
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/10010310988
The 'doing-using-interacting mode' of innovation (DUI) is considered an important component of innovative activity. It … describes informal innovative activities and thus complements the 'science-technology-innovation mode' (STI) based on research … DUI mode and how they should be measured. Based upon 81 in-depth interviews with German SMEs and regional innovation …
Persistent link: https://www.econbiz.de/10012170919