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Based on a standard idea-based model of endogenous growth we test the hypothesis that regional innovative activity is path-dependent, and investigate the geographical scope of knowledge spillovers. Using data for West-German regions, two alternative indicators of the stock of knowledge are...
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In recent times the service sector is often called the driving force of today's economies. This paper analyses the innovative activities of German service firms. We investigate whether firms that receive public subsidies for innovation projects engage more in innovative activities than others....
Persistent link: https://www.econbiz.de/10011445968
Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments. Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....
Persistent link: https://www.econbiz.de/10003881344
In the following paragraphs we will discuss the "mapping of innovative clusters in national innovation systems". For this we have used a data set of almost 3.000 firms that participated in the first and fifth survey of the Mannheimer Innovation Survey (which is comparable with CIS data). The...
Persistent link: https://www.econbiz.de/10011442326
We provide steps towards a welfare analysis of a two-country endogenous growth model where a relatively small follower absorbs part of the knowledge generated in the leading country. To solve a suitably defined infinite-horizon dynamic optimization problem a specialized version of the Pontryagin...
Persistent link: https://www.econbiz.de/10011492730
Der Autor der vorliegenden Dissertation geht der Frage nach, welchen Einfluss technologische Spillover-Effekte auf das Wirtschaftswachstum haben, und ob ihre Existenz staatliche Eingriffe im Bereich von Forschung und Entwicklung (F&E) rechtfertigen kann. Im Rahmen der vorgenommenen theoretischen...
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