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This paper explores the role of R&D worker mobility on innovation performance. As one main novelty, we employ churning … estimating various knowledge production functions suggest an inverse u-shaped relationship. The exchange of R&D personnel fosters … innovation through inter-firm knowledge spillovers and improved job-match quality up to certain threshold. The point when costs …
Persistent link: https://www.econbiz.de/10003969876
Using firm-level data from the German manufacturing sector, we estimate a dynamic, structural model of the firm’s decision to invest in R&D and quantify the cost and longrun benefit of this investment. The model incorporates and quantifies linkages between the firm’s R&D investment, product...
Persistent link: https://www.econbiz.de/10010203640
dynamics. We investigate this reallocation in terms of employment gains and losses from innovation. New employment created by … product innovation may be offset by employment losses in related products, known as 'cannibalisation' or 'business stealing …' effects in the literature, by employment losses from process and organisational innovation and by general productivity …
Persistent link: https://www.econbiz.de/10011563084
Recent years have shown a surge of firms globalising their innovation activities in order to gain from international … stronger dispersed international R&D activities hamper or stimulate innovation. Second, we employ two well-established market …-based indicators for innovation (introduction of and sales growth rates due to new products) instead of looking at inventions (patents …
Persistent link: https://www.econbiz.de/10008759768
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This article investigates how a firm's financial strength affcts its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from its...
Persistent link: https://www.econbiz.de/10011404565
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product and process innovation among exporting firms and these innovations have a larger impact on productivity improvement in …
Persistent link: https://www.econbiz.de/10011932163