Organisation capital is one of the key intangible assets of firms, driving innovation and firm performance. Measuring this asset has been notoriously difficult, however. Differently to other intangible assets, firms do not build up organisation capital primarily by monetary investment but rather...

The COVID-19 pandemic has affected firms in all economies worldwide. We investigate the impact of the pandemic on firms’ innovation activities. Employing data from a representative sample of German firms, we find consistently with real options theory that negatively affected firms...

Organisation capital is one of the key intangible assets of firms, driving innovation and firm performance. Measuring this asset has been notoriously difficult, however. Differently to other intangible assets, firms do not build up organisation capital primarily by monetary investment but rather...

The COVID-19 pandemic has affected firms in many economies. Exploiting treatment heterogeneity, we use a difference-in-differences design to causally identify the short-run impact of COVID-19 on innovation spending in 2020 and expected innovation spending in subsequent years. Based on a...

Die Studie untersucht die Funktionsfähigkeit des deutschen Technologiemarktes und identifiziert Hemmnisse für den Technologiehandel. Für Patentübertragungen zeigt sich auf dem deutschen und europäischen Technologiemarkt seit Mitte der 2010er Jahre eine stark nachlassende Dynamik. Der...