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, patents in bankruptcy. The selling pattern is driven almost entirely by firms with greater use of secured debt, and the … bankruptcy have implications for technology diffusion--the sold patents diffuse more slowly under new ownership and are more …
Persistent link: https://www.econbiz.de/10014361948
Using a rich panel dataset of SMEs active in the manufacturing sector in Viet Nam, this paper investigates the drivers of firm productivity, focusing on the role played by international management standards certification. We develop and test the hypothesis that, controlling for technological...
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When customers face financing frictions, they can retain suppliers through nonmonetary incentives, such as sharing their technology, thereby fostering supplier innovation. Using customer-supplier pairs in the U.S., we find that suppliers of customers who violate covenants become more innovative,...
Persistent link: https://www.econbiz.de/10012827420
This paper analyzes the relationship between R&D expenditures, innovation and productivity growth, taking into account the possibility of persistence in firms’ behaviour. We study this relationship for a sample of Spanish manufacturing firms between 1990 and 2005, estimating a model with four...
Persistent link: https://www.econbiz.de/10011524762
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Innovation is widely considered as the main determinant of long-term economic growth. Despite this consensus, it is arduous to measure its economic effect at the firm and aggregate level. The objective of the present paper is to propose a critical examination of innovation indicators and...
Persistent link: https://www.econbiz.de/10012908238
Using data from the Community Innovation Survey for Belgium in two consecutive periods, this paper explores the relationship between firm-level innovation activities and the propensity to start exporting. To measure innovation, we include indicators of both innovative effort (R&D activities) as...
Persistent link: https://www.econbiz.de/10012940691
Research and development (R&D) collaborations are horizontal agreements among firms to join forces in their inventive activities. As in the context of the recent COVID-19 global pandemic, such collaborations are often promoted with an argument of increased R&D productivity. In numerous contexts,...
Persistent link: https://www.econbiz.de/10012825975