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This study analyses 1400 research projects of the top 20 R&D-spending pharmaceuticals to identify the determinants of successful research projects. We provide clear evidence that externally sourced projects and projects involving biotechnologies perform better than internal projects and chemical...
Persistent link: https://www.econbiz.de/10011374419
-and-neck industries where firms operate with similar productivity. When industry concentration is low, innovation intensity decreases as … innovation intensity to escape competition. The U-shaped relation is more pronounced in industries where firms compete in …We find a U-shaped relation between industry concentration and innovation. The relation is driven by neck …
Persistent link: https://www.econbiz.de/10012890304
This paper analyzes the effects of tying arrangements on R&D incentives. It shows that tying is a means through which a firm can commit to more aggressive R&D investment in the tied goods market. Tying also has the strategic effect of reducing rivals' incentives to invest in R&D. The strategy of...
Persistent link: https://www.econbiz.de/10014203182
We consider mergers in an innovation contest between n firms in the presence of synergetic effects. We assume that a … beneficial for the merging firms even if the efficiency gains of the merging firms are not substantial, and that merging reduces …
Persistent link: https://www.econbiz.de/10014058804
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 innovation obstacles in the home country. In particular, the role of the potential …
Persistent link: https://www.econbiz.de/10003888033
distributed globally. Firms' innovation activities which are carried out abroad comprise either the localization of uniform … paper is to show how internal firm capabilities as well as external forces from the firm’s business and national innovation … has a limited influence or even hinders firms to internationalise their innovation activities. For the effect of the …
Persistent link: https://www.econbiz.de/10014201135
on a large data set of German firms covering the period 2002-2007. We look at different stages of the innovation process … activities abroad. By linking international innovation activities to firm growth in the home market we try to identify likely …This paper investigates the drivers and the effects of the internationalisation of innovation activities in SMEs based …
Persistent link: https://www.econbiz.de/10014216008
Persistent link: https://www.econbiz.de/10014291744
Western multinational corporations (MNCs) increasingly locate advanced functions, including product development and engineering, in emerging economies to gain access to lower-cost science and engineering (S&E) talent and specialized service providers. Over time, new S&E clusters have developed...
Persistent link: https://www.econbiz.de/10013133139
We study how profit taxation affects plants' R&D spending and innovation activities. Relying on geocoded survey panel …
Persistent link: https://www.econbiz.de/10012697801