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Transitional dynamics in R&D-based models of endogenous growth
Steger, Thomas M. - 2002 - Initial version: July 2002, This version: October 2002
This paper offers a comprehensive study on transitional dynamics within R&D-based models of endogenous growth. There are two main motivations. First, the complete dynamic system for the market solution is derived in general form. Second, using this dynamic system as a unifying framework the...
Persistent link: https://www.econbiz.de/10010484498
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Learning from the Joneses : Technology Spillover, Innovation Externality, and Stock Returns
Tseng, Kevin - 2020
This paper studies the asset pricing implications of technology spillover, an important externality in innovation …. While technology spillover enables firms to produce a variety of products that better satisfy their customers' love for … and R&D data from 1982 to 2014, I find that firms with more technology spillover earn 7.7% higher annualized returns than …
Persistent link: https://www.econbiz.de/10012854307
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The design of R&D tax incentive schemes and firm innovation
Koski, Heli; Fornaro, Paolo - 2022
Research and development (R&D) tax credits are widely employed among the OECD countries to promote business sector investments in innovation. The implementation of R&D tax credit schemes, however, varies across countries. The empirical research on the effectiveness of R&D tax incentives suggests...
Persistent link: https://www.econbiz.de/10013179659
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Measuring the spillovers of venture capital
Schnitzer, Monika; Watzinger, Martin - 2017
We provide the first measurement of knowledge spillovers from venture capital-financed companies onto the patenting activities of other companies. On average, these spillovers are nine times larger than those generated by the R&D investment of established companies. Spillover effects are larger...
Persistent link: https://www.econbiz.de/10011762520
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Heterogeneity of technology-specific R&D investments : evidence from top R&D investors worldwide
Gkotsis, Petros; Vezzani, Antonio - 2018
In this work, we develop and apply a methodology to estimate technology-specific R&D investments at the firm level and … greatly both across technologies and across firms developing the same technology. We then use the estimated firm-technology R …
Persistent link: https://www.econbiz.de/10011995880
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Deutschland nach den USA zweitgrößter Forschungsstandort für multinationale Unternehmen
Belitz, Heike - In: DIW Wochenbericht 75 (2008) 18, pp. 226-232
In der zweiten Hälfte der 90er Jahre sind die Aufwendungen deutscher multinationaler Unternehmen für Forschung und Entwicklung (FuE) im Ausland stärker gestiegen als im Inland. In gleichem Maße steigerten ausländische Unternehmen ihre FuE-Aufwendungen in Deutschland, so dass die Bilanz...
Persistent link: https://www.econbiz.de/10011601811
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New linked data on research investments : scientific workforce, productivity, and public value
Lane, Julia; Owen-Smith, Jason; Rosen, Rebecca; … - 2014
Longitudinal micro-data derived from transaction level information about wage and vendor payments made by federal grants on multiple U.S. campuses are being developed in a partnership involving researchers, university administrators, representatives of federal agencies, and others. This paper...
Persistent link: https://www.econbiz.de/10010417966
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Agglomeration and innovation
Carlino, Gerald A.; Kerr, William R. - 2014
This chapter reviews academic research on the connections between agglomeration and innovation. We first describe the conceptual distinctions between invention and innovation. We then describe how these factors are frequently measured in the data and some resulting empirical regularities....
Persistent link: https://www.econbiz.de/10010411489
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Agglomeration and Innovation
Carlino, Gerald A. - 2017
This paper reviews academic research on the connections between agglomeration and innovation. We first describe the conceptual distinctions between invention and innovation. We then discuss how these factors are frequently measured in the data and note some resulting empirical regularities....
Persistent link: https://www.econbiz.de/10012970480
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Agglomeration and Innovation
Carlino, Gerald A. - 2014
This paper reviews academic research on the connections between agglomeration and innovation. The authors first describe the conceptual distinctions between invention and innovation. They then discuss how these factors are frequently measured in the data and note some resulting empirical...
Persistent link: https://www.econbiz.de/10013047600