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In addition to firm and industry characteristics, the heterogeneity of foreign direct investment (FDI) has to be taken …
Persistent link: https://www.econbiz.de/10003872043
Even though the automobile industry is technologically advanced, the increasing integration of low-income countries into the global division of labor has put competitive pressure on traditional automobile producing countries. New end-producers emerged in Asia, Latin America as well as Southern...
Persistent link: https://www.econbiz.de/10011490981
Persistent link: https://www.econbiz.de/10013261175
The theoretical discussion concerning the question whether the incumbent or the (potential) entrant invests more into R&D has attracted considerable interest. This paper reports the results of an empirical study on this question using data of about 3500 German firms over the years 1992 to 1995....
Persistent link: https://www.econbiz.de/10011444512
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/10011445230
This study focuses on the effect of public funding on internal R&D investment and on total innovation intensity on a …
Persistent link: https://www.econbiz.de/10008665042
This study tests for financial constraints on R&D investment and how they differ from capital investment. To identify …, measured by mark-ups, are more decisive for R&D than for capital investment. For external constraints, we find a monotonic … relationship between the level of constriction and firm size for both types of investment. Thus, external constraints turn out to …
Persistent link: https://www.econbiz.de/10003728587
We develop a simple model of competition for the market that shows that, contrary to the Arrow view, endogenous entry threat in a market induces the average firm to invest less in R&D and the incumbent leader to invest more. We test these predictions with a Tobit model based on a unique dataset...
Persistent link: https://www.econbiz.de/10003761020
The theoretical discussion concerning the question whether the incumbent or the (potential) entrant invests more into R&D has attracted considerable interest. This paper reports the results of an empirical study on this question using data of about 3500 German firms over the years 1992 to 1995....
Persistent link: https://www.econbiz.de/10013428313
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