Showing 1 - 10 of 193
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
Research and innovation are extremely important for Germany. New insights are generated by research, and new ways of … and innovation, and where the country ranks in the international innovation contest. The Federal Government of Germany … therefore decided in 2006 to establish an independent Commission of Experts on Research and Innovation (EFI), with the remit to …
Persistent link: https://www.econbiz.de/10012708751
This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity …
Persistent link: https://www.econbiz.de/10013428336
This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative activities. There are opposing effects concerning R&D intensity in the manager-controlled firm. Our study on the determinants of R&D intensity presents empirical results concerning...
Persistent link: https://www.econbiz.de/10013428380
On behalf of the German Federal Government, the Commission of Experts for Research and Innovation presents its second … measures to further strengthen the innovation potential of Germany. In particular in the present economic diffi culties …, research and innovation policies have a central role to play. The challenges faced are varied and were already named in the EFI …
Persistent link: https://www.econbiz.de/10014206572
Inter-departmental innovation collaboration facilitates innovation performance. At the same time, it has been … tests hypotheses on the costs and benefits of innovation-related collaboration within firms. Based on a sample of 433 German … manufacturing firms we show inter-departmental innovation collaboration to increase process innovation performance, but also to …
Persistent link: https://www.econbiz.de/10008901576
Inter-departmental innovation collaboration facilitates innovation performance. At the same time, it has been … tests hypotheses on the costs and benefits of innovation related collaboration within firms. Based on a sample of 433 German … manufacturing firms we show inter-departmental innovation collaboration to increase process innovation performance, but also to …
Persistent link: https://www.econbiz.de/10014187926
CEOs, managers and non-managerial employees' ideas enhances small firms' innovation performance. A Heckman selection model … innovation performance. However, contributions depend heavily on the individuals' area of expertise and on whether product or … process innovation is desired. Our findings enrich the current view on the entrepreneurial team, but also warn against the …
Persistent link: https://www.econbiz.de/10013103685
CEOs, managers and non-managerial employees' ideas enhances small firms' innovation performance. A Heckman selection model … innovation performance. However, contributions depend heavily on the individuals' area of expertise and on whether product or … process innovation is desired. Our findings enrich the current view on the entrepreneurial team, but also warn against the …
Persistent link: https://www.econbiz.de/10013091490