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Cluster policy, innovation, and firm productivity: An econometric assessment of the Flemish Spearhead Cluster Program
Angelino, Pierluigi; Czarnitzki, Dirk; Volckaert, Astrid - 2024
The Flemish government launched its Spearhead Cluster (SHC) policy in 2017. The aim is to boost strategic sectors by setting up cluster initiatives which coordinate collaborative R&D initiatives. In this paper, we analyze whether becoming a member of such a cluster initiative has an impact on...
Persistent link: https://www.econbiz.de/10014567525
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Cluster policy, innovation, and firm productivity : an econometric assessment of the Flemish Spearhead Cluster Program
Angelino, Pierluigi; Czarnitzki, Dirk; Volckaert, Astrid - 2024 - This version: May 2024
The Flemish government launched its Spearhead Cluster (SHC) policy in 2017. The aim is to boost strategic sectors by setting up cluster initiatives which coordinate collaborative R&D initiatives. In this paper, we analyze whether becoming a member of such a cluster initiative has an impact on...
Persistent link: https://www.econbiz.de/10014566745
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R&D and Firm Performance in a Transition Economy
Czarnitzki, Dirk; Kraft, Kornelius - 2006
We estimate the effects of R&D on firms' credit ratings and on financial distress. The main purpose is the comparison of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on firm value proxied by ratings in Western Germany, but a...
Persistent link: https://www.econbiz.de/10010297541
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R&D and Firm Performance in a Transition Economy
Czarnitzki, Dirk; Kraft, Kornelius - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2006
We estimate the effects of R&D on firms' credit ratings and on financial distress. The main purpose is the comparison of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on firm value proxied by ratings in Western Germany, but a...
Persistent link: https://www.econbiz.de/10005098291
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Competing internationally: On the importance of R&D for export activity
Czarnitzki, Dirk; Wastyn, Annelies - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010
Export is an important factor to improve growth and welfare especially for industrialized small, open economies such as … Belgium. Policy may be interested in key variables that can influence export. This paper finds evidence for the importance of … R&D for export activities using Belgian firm-level data. To control for reverse causality, R&D-subsidy variables are …
Persistent link: https://www.econbiz.de/10008694125
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Competing internationally: On the importance of R&D for export activity
Czarnitzki, Dirk; Wastyn, Annelies - 2010
Export is an important factor to improve growth and welfare especially for industrialized small, open economies such as … Belgium. Policy may be interested in key variables that can influence export. This paper finds evidence for the importance of … R&D for export activities using Belgian firm-level data. To control for reverse causality, R&D-subsidy variables are …
Persistent link: https://www.econbiz.de/10010302586
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Competing Internationally : On the Importance of R&D for Export Activity
Czarnitzki, Dirk - 2013
Export is an important factor to improve growth and welfare especially for industrialized small, open economies such as … Belgium. Policy may be interested in key variables that can influence export. This paper finds evidence for the importance of … R&D for export activities using Belgian firm-level data. To control for reverse causality, R&D-subsidy variables are …
Persistent link: https://www.econbiz.de/10013094218
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Competing Internationally : On the Importance of R&D for Export Activity
Czarnitzki, Dirk - 2011
Export is an important factor to improve growth and welfare especially for industrialized small, open economies such as … Belgium. Policy may be interested in key variables that can influence export. This paper finds evidence for the importance of … R&D for export activities using Belgian firm-level data. To control for reverse causality, R&D-subsidy variables are …
Persistent link: https://www.econbiz.de/10013131022
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R&D collaboration with uncertain intellectual property rights
Czarnitzki, Dirk; Hussinger, Katrin; Schneider, Cédric - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011
Patent pendencies create uncertainty in research and development (R&D) collaboration agreements, resulting in a threat of expropriation of unprotected knowledge by potential partners, reduced bargaining power and enhanced search costs. In this paper, we show that - depending of the type of...
Persistent link: https://www.econbiz.de/10008869223
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The market value of blocking patent citations
Czarnitzki, Dirk; Hussinger, Katrin; Leten, Bart - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011
There is a growing literature that aims at assessing the private value of knowledge assets and patents. It has been shown that patents and their quality as measured by citations received by future patents contribute significantly to the market value of firms beyond their R&D stocks. This paper...
Persistent link: https://www.econbiz.de/10009003575