Abstract U.S. firms have reduced their investment in scientific research ("R") compared to product development ("D"), raising questions about the returns to each type of investment, and about the reasons for this shift. We use Census data that disaggregates "R" from "D" to study how US firms...

This paper investigates the impact of the financial crisis on investment decisions in innovative versus non-innovative firms. Firms are defined as being innovative if they have introduced a new product to the market. The empirical test is based on data for the years before and after the recent...

Die vorliegende Studie analysiert den Zusammenhang zwischen F&E-Ausgaben, Beschäftigungsentwicklung und Exportorientierung nach der Finanzmarkt- und Wirtschaftskrise. Zudem wird eine erste Analyse der Förderkriterien vorgenommen. Demnach haben Unternehmen mit hohen F&E-Ausgaben in Relation zum...