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be a necessary step, it has to be situated in a much broader discussion about how to create successful innovation …
Persistent link: https://www.econbiz.de/10012926098
innovation and other aspects of firm performance. They suggest that private VC tends to have larger effects than government VC …
Persistent link: https://www.econbiz.de/10014533546
This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation … efficiency in order to increase profitability. Among firms that have embarked in product innovation, those in the industry and … help to better understand the link between innovation, financial constraints and efficiency, which goes beyond the idea …
Persistent link: https://www.econbiz.de/10012241105
European nations substitute between employment protection regulations and labor market expenditures (e.g., unemployment insurance benefits) for providing worker insurance. Employment regulations more directly tax firms making frequent labor adjustments than other labor insurance mechanisms....
Persistent link: https://www.econbiz.de/10003938880
We investigate the relationship between “Venture Capital Expenditures” and innovation in Europe. Data are collected … from the European Innovation Scoreboard for 36 countries in the period 2010-2019. We perform Panel Data with Fixed Effects … Expenditure is positively associated to “Foreign Doctorate Students” and “Innovation Index” and negatively related to “Government …
Persistent link: https://www.econbiz.de/10013211923
Financial constraints for young and small firms can prevent them from supporting innovation and employment creation. We … innovative activity in Europe: the Innovation Union Scoreboard and the R&D Scoreboard. With the first, we study the determinants …
Persistent link: https://www.econbiz.de/10011982098
Using a comprehensive database of European firms, we study how private equity affects the rate of firm entry. We find that private equity investment benefits new business incorporation, especially in industries with naturally higher entry rates and R&D intensity. A two standard deviation...
Persistent link: https://www.econbiz.de/10003963732
to provide theoretical and empirical perspectives on innovation which give a greater role to the demand-side aspect of … innovation. The main question is how can policy make enterprises more willing to innovate? This task is fulfilled by identifying … what we consider the central or most salient aspect of a demand-side innovation- driven economy, which is the small and …
Persistent link: https://www.econbiz.de/10010239908
In this paper we aim to empirically test the monitoring effect of Venture Capital financing on portfolio companies. Following Bernstein et al. (2015), we exploit the introduction of a new airline route between investor and investee locations as an exogenous shock lowering the cost of monitoring...
Persistent link: https://www.econbiz.de/10012964608
This paper examines the effect of mandatory pre-grant patent publications on the innovation of venture capital (VC … relative improvements in innovation outputs for companies whose pre-AIPA patent applications received more "revise and resubmit …
Persistent link: https://www.econbiz.de/10013307016