From a firm's perspective two competing forces are driving the decision to invest in innovation. On the one hand …, innovative performance is an important driver of profitability and growth. On the other hand, investments in innovation suffer …

at the intensive margin, i.e. our results do not suggest that non-innovative companies are deterred from innovation …

-in-differences design to causally identify the short-run impact of COVID-19 on innovation spending in 2020 and expected innovation spending … substantially reduced innovation expenditure not only in the first year of the pandemic (2020) but also in the two subsequent years …, indicating 'Long-Covid' effects on innovation. In 2020, innovation expenditure fell by 4.7 % due to the pandemic. In 2022 …

innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …

Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company … is actually at work. In contrast to spillovers from competitors, spillovers from suppliers, customers and research …

innovative activities of German service firms. We investigate whether firms that receive public subsidies for innovation projects … innovative activities. The more grants a firm has received in the past, the more it invests in current innovation projects …

stellt sich heraus, dass Firmen mit beschränkter Haftung mehr Forschung und Entwicklung betreiben als andere Unternehmen. Auf …This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity …

This paper analyses the impact of public innovation subsidies on private innovation expenditure. In the empirical … their innovation effort when participating in public policy schemes. Cross-sectional data at the firm level are used to …