Narrow search
Showing 1 - 10 of 136
Cover Image
Subsidies and innovation in the recent financial crisis
Giebel, Marek; Kraft, Kornelius - 2021
We analyze the impact of subsidies on R&D expenditures in the financial crisis and beyond. The financial crisis has led to considerable turmoil in financing and, as a result, to restrictions of firms' access to external financing. Utilizing this fact, we identify and analyze financing...
Persistent link: https://www.econbiz.de/10012793582
Cover Image
The Knowledge Production of 'R' and 'D'
Czarnitzki, Dirk; Kraft, Kornelius; Thorwarth, Suzanne - 2013
or output of a knowledge production function. We suggest that the productivity of research in patent production functions … to patentable knowledge, and development happens after the initial research phase that may have led to a patent. Instead …
Persistent link: https://www.econbiz.de/10014215973
Cover Image
On the Profitability of Innovative Assets
Czarnitzki, Dirk; Kraft, Kornelius - 2007
on the effects of the patent stock on profitability. The database is a representative sample of German manufacturing … patent stock has a strong and robust effect on profitability …
Persistent link: https://www.econbiz.de/10014223484
Cover Image
Intended and unintended knowledge spillovers in innovation
Kraft, Kornelius; Rammer, Christian - 2023
patent files. Other sources represent unintended knowledge spillovers, such as reverse engineering of technologies or hiring … workers from other firms. Based on data from the Community Innovation Survey, this paper analyses the role of different types … of intended and unintended knowledge spillovers for innovation output at the firm level. Among intended knowledge …
Persistent link: https://www.econbiz.de/10014311915
Cover Image
External Financing Constraints and Firm's Innovative Activities During the Financial Crisis
Giebel, Marek - 2017
innovation activities of their business customers. Individual banks' liquidity shocks are identified by the degree of interbank … total innovation expenditures in comparison to the periods before. Our results imply that those firms which have a business … relation to a bank with higher interbank market reliance reduce their innovation activities during the financial crisis to a …
Persistent link: https://www.econbiz.de/10012941280
Cover Image
External financing constraints and firm's innovative activities during the financial crisis
Giebel, Marek; Kraft, Kornelius - 2017
innovation activities of their business customers. Individual banks' liquidity shocks are identified by the degree of interbank … total innovation expenditures in comparison to the periods before. Our results imply that those firms which have a business … relation to a bank with higher interbank market reliance reduce their innovation activities during the financial crisis to a …
Persistent link: https://www.econbiz.de/10011762085
Cover Image
Bank credit supply and firm innovation
Giebel, Marek; Kraft, Kornelius - 2018
financial crisis 2008/2009 on their business customers’ innovation activity. Using a matched bank-firm data set for Germany, we … find that having relations with a more severely affected bank seriously hampers firms’ current innovation activities due to … initiate new product and process innovations and to reallocate human resources to innovation during the financial crisis. …
Persistent link: https://www.econbiz.de/10011798962
Cover Image
Subsidies and Innovation in the Recent Financial Crisis
Giebel, Marek; Kraft, Kornelius - 2022
We analyze the impact of subsidies on R&D expenditures in the financial crisis and beyond. The financial crisis has led to considerable turmoil in financing and, as a result, to restrictions of firms' access to external financing. Utilizing this fact, we identify and analyze financing...
Persistent link: https://www.econbiz.de/10013309766
Cover Image
An empirical test of the asymmetric models on innovative activity : who invests more into R&D - the incumbent or the challenger?
Czarnitzki, Dirk; Kraft, Kornelius - 2000
challenger invests more into R&D in order to enter a new market than the incumbent. Thus, the patent racing model by Reinganum …
Persistent link: https://www.econbiz.de/10011444512
Cover Image
The impact of the financial crisis on investments in innovative firms
Giebel, Marek; Kraft, Kornelius - 2015
This paper investigates the impact of the financial crisis on investment decisions in innovative versus non-innovative firms. Firms are defined as being innovative if they have introduced a new product to the market. The empirical test is based on data for the years before and after the recent...
Persistent link: https://www.econbiz.de/10011339805