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This paper examines the use of innovation protection mechanisms in small and medium enterprises (SMEs). By starting … from a knowledge-based view, the aim is to achive a better understanding of how the role perceived by innovating SMEs of … such as secrecy or lead time advantage are explored. This is because different knowledge protection practices must not only …
Persistent link: https://www.econbiz.de/10012966706
This article examines the impact of innovation on employment growth in innovating small and medium enterprises using a … quantile regression approach. The key findings are that innovation has a positive effect on employment in both growing and … shrinking firms. The impact of innovation on employee headcounts is much stronger in companies that are already experiencing …
Persistent link: https://www.econbiz.de/10010298716
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/10010297522
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/10010298015
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/10010299462
In the long-run, innovation performance has weakened somewhat in German small and me-dium enterprises (SMEs). In …&D). In order to remove the innovation barriers in these SMEs, public policy may play an important role. The empirical … analysis reveals that less R&D-oriented SMEs are indeed more likely to face a number of constraints in their innovation …
Persistent link: https://www.econbiz.de/10011964151
Summary This article examines the impact of innovation on employment growth in innovating small and medium enterprises … carried out to analyse the data. This method allows one to examine the effects of innovation at any desired point on the … relationship between innovation and employment growth than the standard method of viewing deviations in the average effect. The key …
Persistent link: https://www.econbiz.de/10014609264
The paper investigates young firms' choice of capital source. Our theoretical model hypothesizes a positive (negative) relation between riskiness of the project (price of venture capital) and receiving informed equity. We test our predictions by employing a unique data set collected by KfW...
Persistent link: https://www.econbiz.de/10010264956
Persistent link: https://www.econbiz.de/10003797228
This article examines the impact of innovation on employment growth in innovating small and medium enterprises using a … quantile regression approach. The key findings are that innovation has a positive effect on employment in both growing and … shrinking firms. The impact of innovation on employee headcounts is much stronger in companies that are already experiencing …
Persistent link: https://www.econbiz.de/10003806158