Showing 1 - 10 of 62
This paper explores the impact of R&D subsidies on the concentration of R&D in an economy. First, governments are often criticized of subsidizing predominantly larger firms and thus contribute to persistence of leadership in markets and higher barriers to entry, and, hence, reduced competition...
Persistent link: https://www.econbiz.de/10008701446
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
and medium-sized firms (SMEs). While there is little doubt about the significance of technology competence for generating … successful innovations, inhouse R&D activities may be a particular challenge for SMEs due to high risk exposure, high fixed costs …, high minimum investment and severe financial constraints. SMEs may thus opt for refraining from R&D and relying more on …
Persistent link: https://www.econbiz.de/10014212178
and medium-sized firms (SMEs). While there is little doubt about the significance of technology competence for generating … successful innovations, inhouse R&D activities may be a particular challenge for SMEs due to high risk exposure, high fixed costs …, high minimum investment and severe financial constraints. SMEs may thus opt for refraining from R&D and relying more on …
Persistent link: https://www.econbiz.de/10003777851
Persistent link: https://www.econbiz.de/10003779475
Persistent link: https://www.econbiz.de/10003335235
Persistent link: https://www.econbiz.de/10003861539
This paper evaluates the current focus of EU policy makers on small and medium-sized, young independent firms in high-tech sectors. Therefore, the effect of subsidies on both R&D input and R&D output is compared between independent high-tech young firms (NTBFs), independent low-tech young firms...
Persistent link: https://www.econbiz.de/10010519610