with Africa. Focussing on Benin, Cameroon and Namibia, this work has analyzed how African governments have struggled to …The relation between Germany and Africa dates far back to centuries. Germany has developed colonial and cooperation …

societal diversity for health, quality-of-life and well-being, in both Africa and Europe. The present volume offers an …

’s decision to invest in R&D and quantify the cost and longrun benefit of this investment. The model incorporates and quantifies … linkages between the firm’s R&D investment, product and process innovations, and future productivity and profits. The dynamic …&D investment. For the median productivity firm, investment in R&D raises firm value by 3.0 percent in a group of hightech …

This paper estimates a dynamic structural model of discrete R&D investment and quantifies its cost and long-run benefit … expected firm value generated by the R&D investment. It increases firm value by 6.7 percent for the median firm in high … innovation significantly raise investment rates and productivity while reductions in startup costs have little effect …