recipients' investment is less sensitive to internal liquidity. -- Research and development ; liquidity constraints ; innovation …

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 …

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 …

This study presents a novel empirical approach to identify financing constraints for innovation based on the idea of an … alternatives of use. If they choose additional innovation projects they must have had some unexploited investment opportunities … attribute constraints for innovation not only to lacking financing, but also to firms' innovative capability. Econometric …

This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of … alternatives of use. If they selected additional innovation projects, they must have had some unexploited investment opportunities … that were not profitable using more costly external finance. We attribute constraints for innovation not only to lacking …

R&D collaboration facilitates pooling of complementary skills, learning from the partner as well as sharing risks and … costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance … collaborative R&D projects in total R&D projects is associated with a higher probability of product innovation and with a higher …

R&D collaboration facilitates pooling of complementary skills, learning from the partner as well as sharing risks and … costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance … terms of gains for innovation performance, but also show that collaboration has decreasing and even negative returns on …

R&D collaboration facilitates pooling of complementary skills, learning from the partner as well as sharing risks and … costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance … collaborative R&D projects in total R&D projects is associated with a higher probability of product innovation and with a higher …

This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of …. If they selected additional innovation projects, they must have had some unexploited investment opportunities that were … not profitable using more costly external finance. We attribute constraints for innovation not only to lacking financing …

R&D collaboration facilitates pooling of complementary skills, learning from the partner as well as sharing risks and … costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance … collaborative R&D projects in total R&D projects is associated with a higher probability of product innovation and with a higher …