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The paper develops an oligopoly model of innovation and applies it to data from the Mannheim Innovation Panel. The … complexity, etc. are important determinants of overall innovation expenditures, but not for R&D specifically. If legal protection … affect the innovation activity of the firm. Specification tests derived from the theoretical model do not lead to a rejection …
Persistent link: https://www.econbiz.de/10011440888
This paper analyzes differences in R&D spending and in the impact of R&D on productivity between German and UK firms. We confirm that German firms spend significantly larger amounts on R&D than their UK counterparts, even after controlling for firm size and industry effects. Using a dynamic...
Persistent link: https://www.econbiz.de/10010745353
This paper tests for the importance of cash flow on investment in fixed capital and R&D using firm-level panel data in two countries between 1985 and 1994. For German firms, cash flow is not informative in simple econometric models of fixed investment or R&D. In identical specifications for...
Persistent link: https://www.econbiz.de/10010884496
The paper develops an oligopoly model of innovation and applies it to data from the Mannheim Innovation Panel. The … complexity, etc. are important determinants of overall innovation expenditures, but not for R&D specifically. If legal protection … affect the innovation activity of the firm. Specification tests derived from the theoretical model do not lead to a rejection …
Persistent link: https://www.econbiz.de/10010297557
This paper tests for the importance of cash flow on investment in fixed capital and R&D using firm-level panel data in two countries between 1985 and 1994. For German firms, cash flow is not informative in simple econometric models of fixed investment or R&D. In identical pecifications for...
Persistent link: https://www.econbiz.de/10010330348
This paper tests for the importance of cash flow on investment in fixed capital and R&D using firm-level panel data in two countries between 1985 and 1994. For German firms, cash flow is not informative in simple econometric models of fixed investment or R&D. In identical specifications for...
Persistent link: https://www.econbiz.de/10004967669
This paper tests for the importance of cash flow on investment in fixed capital and R&D using firm-level panel data in two countries between 1985 and 1994. For German firms, cash flow is not informative in simple econometric models of fixed investment or R&D. In identical pecifications for...
Persistent link: https://www.econbiz.de/10005547922
The paper develops an oligopoly model of innovation and applies it to data from the Mannheim Innovation Panel. The … complexity, etc. are important determinants of overall innovation expenditures, but not for R&D specifically. If legal protection … affect the innovation activity of the firm. Specification tests derived from the theoretical model do not lead to a rejection …
Persistent link: https://www.econbiz.de/10005098255
This paper analyzes differences in R&D spending and in the impact of R&D on productivity between German and UK firms. We confirm that German firms spend significantly larger amounts on R&D than their UK counterparts, even after controlling for firm size and industry effects. Using a dynamic...
Persistent link: https://www.econbiz.de/10005016788
This paper tests for the importance of cash flow on investment in fixed capital and R&D using firm-level panel data in two countries between 1985 and 1994. For German firms, cash flow is not informative in simple econometric models of fixed investment or R&D. In identical pecifications for...
Persistent link: https://www.econbiz.de/10011538330