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Understanding the Spanish Business Innovation Gap : The Role of Spillovers and Firms’ Absorptive Capacity
Montero, Jose Manuel - 2011
, we find that innovation performance exhibits a high degree of inertia. Further, some other observed firm characteristics … be relevant determinants of the likelihood of innovation …
Persistent link: https://www.econbiz.de/10013133368
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The Effect of Credit Rationing on the Shape of the Competition-Innovation Relationship
Bena, Jan - 2009
Using a dynamic model of a step-by-step innovation race between financially constrained firms, I study how financial … constraints affect innovation activity. The novel theoretical results derive from an analysis of the interaction between the … incentive effect of competition on innovation and the effect competition has on the degree of credit rationing. I find that the …
Persistent link: https://www.econbiz.de/10013155947
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Does history matter for the relationship between R&D, innovation and productivity?
Huergo Orejas, Elena; Moreno Martín, Lourdes - 2010
This paper analyzes the relationship between R&D expenditures, innovation and productivity growth, taking into account …
Persistent link: https://www.econbiz.de/10011524762
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Patents as quality signals? : the implications for financing constraints on R&D
Czarnitzki, Dirk; Hall, Bronwyn H.; Hottenrott, Hanna - 2014
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...
Persistent link: https://www.econbiz.de/10010341887
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Patents as quality signals? : the implications for financing constraints on R&D
Czarnitzki, Dirk; Hall, Bronwyn H.; Hottenrott, Hanna - 2014
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...
Persistent link: https://www.econbiz.de/10010252810
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An empirical test of the asymmetric models on innovative activity : who invests more into R&D - the incumbent or the challenger?
Czarnitzki, Dirk; Kraft, Kornelius - 2000
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
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Business spending on research and development and its relationship to invention and innovation
Hunady, Jan; Pisar, Peter - In: Proceedings of the ENTRENOVA - ENTerprise REsearch … 6 (2020) 1, pp. 542-552
The paper deals with the problem of business spending on research and development and their relation to innovation … activities. It is focused on R&D in the business sector as a crucial part of the innovation system. R&D expenditure can be seen … as the main precondition of successful innovation. However, the successful transformation of R&D investment into …
Persistent link: https://www.econbiz.de/10012534706
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License Expenditures of Incumbents and Potential Entrants: An Empirical Analysis of Firm Behavior
Czarnitzki, Dirk; Kraft, Kornelius - 2005
variables the motives for innovation expenditures are also taken into account. We differentiate between firms which intend to …
Persistent link: https://www.econbiz.de/10010297441
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The Knowledge Production of 'R' and 'D'
Thorwarth, Susanne; Kraft, Kornelius; Czarnitzki, Dirk - 2008
Many studies investigate the relationship between R&D expenditures as an input and patents as an intermediate product or output of a knowledge production function. We suggest that the productivity of research in patent production functions has been underestimated in the literature, as scholars...
Persistent link: https://www.econbiz.de/10010298057
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Incentives for Academic Entrepreneurship and Economic Performance: Sweden and the United States
Henrekson, Magnus; Rosenberg, Nathan - 2000
The recent 'scientification' of commercial technology has brought the interface between universities and industry into sharp focus. In particular, academic entrepreneurship, i.e., the variety of ways in which academics take direct part in the commercialization of research, is widely discussed....
Persistent link: https://www.econbiz.de/10010334855