Showing 1 - 10 of 19,398
This article investigates how a firm's financial strength affcts its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from its...
Persistent link: https://www.econbiz.de/10011404565
In this work, we explore the relations between sales growth and a set of innovation indicators that capture the … different sources, modes and results of the innovative activity undertaken within firms. We exploit a rich panel on innovation …-2011. Standard GMM-panel estimates of the average effect of innovation activities reveal significant and positive effect for internal …
Persistent link: https://www.econbiz.de/10011420637
between innovation and growth in young firms. To this end, this paper develops an augmented YIC categorization that also … includes non-R&D innovators and young firms that conduct R&D but have not yet brought an innovation to the market. Using panel … data from Germany, we examine the growth trajectories of these different types of YICs. Our evidence suggests that non …
Persistent link: https://www.econbiz.de/10015084298
This paper looks at the relationship between patents and economic growth in Japan and South Korea using both individual country and panel data. For the econometric estimation, we use annual data for 1963-2005. For Japan, we find that the logarithms of real GDP and the number of patents are...
Persistent link: https://www.econbiz.de/10012768321
innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …
Persistent link: https://www.econbiz.de/10012710126
We analyze the link between R&D, innovation, and productivity in MSMEs with a special focus on micro firms with fewer … the probability of reporting innovation, with a larger effect size for product than for process innovations. Moreover …, micro firms benefit in a comparable way from innovation processes as larger firms, as they are similarly able to increase …
Persistent link: https://www.econbiz.de/10011452418
This paper examines empirically the relationship between innovation and market structure within a simultaneous … applied to a newly constructed panel for Germany. Generalized Method of Moments (GMM) estimation techniques for dynamic panel … concentration. In contrast, competition enforces innovation, i.e. sales concentration has a negative impact on R&D. …
Persistent link: https://www.econbiz.de/10011446652
Germany, using data from the fourth Community Innova-tion Survey (CIS4). We propose an original econometric methodology, which … process and product innovation. We find a positive effect of cooperation on both types of innovation. This effect is … significant in both countries, but much higher in Germany than in France. Drawing on a comparison of the institutional context of …
Persistent link: https://www.econbiz.de/10003957722
This paper provides empirical evidence on the relationship between cross-border acquisitions and innovation activities … at the firm level. In contrast to previous studies that analyze the effects on innovation in target firms, this paper … ; innovation …
Persistent link: https://www.econbiz.de/10003924470
We analyze the link between R&D, innovation, and productivity in MSMEs with a special focus on micro firms with fewer … the probability of reporting innovation, with a larger effect size for product than for process innovations. Moreover …, micro firms benefit in a comparable way from innovation processes as larger firms, as they are similarly able to increase …
Persistent link: https://www.econbiz.de/10011421890