This paper aims to shed light on firm specific drivers that lead firms to internationalise their innovation activities. The paper draws a comprehensive picture of driving forces by including firm capabilities, characteristics of the firm’s competitive environment and the influence of...

The internationalisation of corporate R&D is an opportunity for firms to reach local knowledge and expertise which is distributed globally. Firms' innovation activities which are carried out abroad comprise either the localization of uniform products to local needs with locally available...

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...

This paper examines empirically the relationship between innovation and market structure within a simultaneous framework at the industry level of aggregation. We use a model in which R&D affects both, demand and cost conditions. An optimization process leads to optimal industry R&D expenditure...

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....

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....

On behalf of the Federal Government of Germany, the Commission of Experts for Research and Innovation presents its third report.The format of the report has been revised this year. Part A of the EFI report 2010 discusses current developments and future challenges. Part B of the report then...

Research and innovation are extremely important for Germany. New insights are generated by research, and new ways of creating value are opened up by technical, organisational, and other innovations. Production, value-creation and employment tend to increase much more in companies which are...