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This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...
Persistent link: https://www.econbiz.de/10003301146
Cross-functional teams play a potentially important part in the innovation process enabling knowledge sharing, the … complementarities which may arise when cross-functional teams are used in different elements of the innovation process in UK and German … manufacturing plants. Using optimal combinations of cross-functional teams in the innovation process increases innovation success in …
Persistent link: https://www.econbiz.de/10005627323
the innovation process. Markets with high competition also force enterprises to produce imitative innovations but give …
Persistent link: https://www.econbiz.de/10011448648
This paper analyzes the importance of equity finance for the Ramp;D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we...
Persistent link: https://www.econbiz.de/10012709829
considerations, the focus is on the share of internal funds, bank loans and subsidies on the volume of innovation expenditure …
Persistent link: https://www.econbiz.de/10012977600
This paper examines the use of innovation protection mechanisms in small and medium enterprises (SMEs). By starting … seems to be essential for many SMEs because of their informal mode of learning and innovation characterized by experience …
Persistent link: https://www.econbiz.de/10012966706
studies, the focus is on the proportion of bank credits and internal funds as parts of innovation expenditures. The regression … showing high R&D intensity also use bank credits as financial sources for innovation only to a limited extent. As a result of …
Persistent link: https://www.econbiz.de/10013075216
Persistent link: https://www.econbiz.de/10013194510
Persistent link: https://www.econbiz.de/10011919198
existence of complementarities in the use of external networking between stages of the innovation process in a sample of UK and … combination of innovation activities in which to implement external networking. Broadly, there is more evidence of …
Persistent link: https://www.econbiz.de/10004966895