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The theoretical discussion concerning the question whether the incumbent or the (potential) entrant invests more into R&D has attracted considerable interest. This paper reports the results of an empirical study on this question using data of about 3500 German firms over the years 1992 to 1995....
Persistent link: https://www.econbiz.de/10011444512
The internationalisation of corporate R&D opens up the chances to participate in international knowledge sharing. This increasingly motivates firms to accelerate the pace and extent of their international R&D activities in order to enhance innovativeness and consequently competitiveness and...
Persistent link: https://www.econbiz.de/10008901575
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
This paper explores the contribution of design activities on product market performance of Belgian companies. While there is mounting evidence that design can be seen as a strategic tool to successfully spur sales of new product developments at the firm level, the topic of design innovation has...
Persistent link: https://www.econbiz.de/10003893121
We integrate international business theory on foreign direct investment (FDI) with institutional theory on intellectual property rights (IPR) to explain characteristics and behaviour of foreign investment subsidiaries in Central East Europe, a region with an IPR regimegap visàvis West European...
Persistent link: https://www.econbiz.de/10010267046
In this paper it is tested which of the various alternative approaches for constructing knowledge spillover pools suggested in existing literature measures the extent to which a firm can costlessly receive external knowlegde best. Since knowledge spillovers are unmeasurable, a 'goodness of fit'...
Persistent link: https://www.econbiz.de/10011443497
) estimators. Estimates using system GMM estimators show a moderate degree of persistence in EPO patents per capita with an … (ICT) patents measured as the share of ICT patents in total patents has a significant and positive impact on EPO patents … protection, human capital intensity and GDP per capita, are significantly positively related to EPO patents per capita in the …
Persistent link: https://www.econbiz.de/10011494561
researchers. With patents as indicator the path-dependence hypothesis is rejected, and knowledge spillovers from neighboring …
Persistent link: https://www.econbiz.de/10011477128
The UK’s business R&D (BERD) to GDP ratio is low compared to other leading economies,and the ratio has slowly declined over the 1990s. This paper uses data on large UK firms toanalyse the link between R&D and productivity over the 1989-2000 period. Using aproduction function approach, and a...
Persistent link: https://www.econbiz.de/10005870179
average, firms that receive only UK patents tend to haveno market premium. In direct contrast, patenting through the European …
Persistent link: https://www.econbiz.de/10005870214