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The UK’s business R&D (BERD) to GDP ratio is low compared to other leading economies,and the ratio has slowly declined over the 1990s. This paper uses data on large UK firms toanalyse the link between R&D and productivity over the 1989-2000 period. Using aproduction function approach, and a...
Persistent link: https://www.econbiz.de/10005870179
thesesectors. To explore these variations the paper links competitive conditions with the marketvaluation of innovation. Using …
Persistent link: https://www.econbiz.de/10005870214
) following the adoption of automated payments in the 1970s. The analysis is cast in the context of innovation studies and looks … at the process of industry evolution by highlighting three entangled phenomena: new service innovation; the emergence and …
Persistent link: https://www.econbiz.de/10005870389
Both M&A and innovation are instruments for growth and competitive advantage.Therefore they are fundamental to each … unfortunate as bothprocesses - the process of innovation and the process of mergers and acquisitions - areintimately connected …. The impact of mergers on innovation can only be rigorously assessed, ifthe converse direction of influence - mergers …
Persistent link: https://www.econbiz.de/10005858797
Innovation activities in high tech industries provide considerable challenges for technology and innovation management … with different aspects of acquisition behaviour. Particular focus is put on innovation-related firm characteristics. The …
Persistent link: https://www.econbiz.de/10005860835
M&A and Innovation a major means of today’s competitive strategy development, this paper examines the innovation … determinants of M&A activity and the consequences of M&A transactions on the technological potential and the innovation performance … firm-level data on M&A and innovation activity as well as financial characteristics. By implementing a counterfactual …
Persistent link: https://www.econbiz.de/10005860984
Does competitive pressure foster innovation? In addressing this important question, priorstudies ignored a distinction … between discrete innovation aiming at entirely new technologyand continuous improvement consisting of numerous incremental …
Persistent link: https://www.econbiz.de/10005861521
Innovation activities in high technology industries provide considerable challenges fortechnology and innovation … association of firm characteristics with differentaspects of acquisition behaviour with a particular focus being put on innovation …
Persistent link: https://www.econbiz.de/10005862603
The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does not explain how or why spillovers occur. The missing link...
Persistent link: https://www.econbiz.de/10005865018
The aim of this paper is to analyze the effects of technological opportunities on the innovation activities of firms …
Persistent link: https://www.econbiz.de/10005840314