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This paper investigates whether multinational firms are less or more efficient in innovation activities than domestic … firms. Using patents and citations scaled by R&D expenses and R&D capital as measures of innovation efficiency, we find that … multinational firms have lower levels of innovation efficiency than purely domestic firms. This finding has been supported by …
Persistent link: https://www.econbiz.de/10011190850
Abstract: The main objective of this paper is to establish a formal relationship between innovation and performance … the firm and to the domestic market enhances firms´ productivity and sales. In the same way, innovation in management and … invest in R&D. We also study the factors behind the firms´ decision to invest in innovation, the intensity of such investment …
Persistent link: https://www.econbiz.de/10009324190
the links (correlations) between innovation investment, innovation output, firm productivity and export performance. …
Persistent link: https://www.econbiz.de/10009643402
This paper raises the question of the relationship between innovation and productivity conditional to ICT use and R …&D activities during the innovation process. Concretely, we wonder whether R&D activities and ICT use considered as innovation … these innovation outputs conditional to ICT use and R&D lead to a higher level of labour productivity. In this adaptation of …
Persistent link: https://www.econbiz.de/10008751502
The objective of this study is to investigate the sensitivity of the estimated relationship between innovation and firm … different classifications of innovation. The analyses are performed in both level and growth rate dimensions. The overall …
Persistent link: https://www.econbiz.de/10005190850
1996-2003 and on the National Innovation Survey (PINTEC) for information on technological development. In the article …. Second, econometric models relating R&D expenditures, technological innovation and the accumulation of fixed capital are …
Persistent link: https://www.econbiz.de/10005731993
Almost all studies on research and development (R&D) activity are based on US and British companies, and most of them show that this activity positively influences both stock returns and corporate value. This empirical study evaluates the effects of R&D on stock returns for a sample of listed...
Persistent link: https://www.econbiz.de/10011113269
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …
Persistent link: https://www.econbiz.de/10010856381
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …
Persistent link: https://www.econbiz.de/10010549053
Innovative nascent entrepreneurs face the problem of obtaining finance, mainly due to information problems. We use new data on capital seeking start-ups allowing distinction between planning stage and early stage. Being innovative does not affect the probability of having external finance in the...
Persistent link: https://www.econbiz.de/10005839210