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Using firm-level data from two selected African countries, we examine whether firm-level investment in capital is a possible channel through which less productive firms gain entry into export markets. Our findings reveal that non-exporters who invest in capital stock increase their probability...
Persistent link: https://www.econbiz.de/10012846013
Using firm-level data from the German manufacturing sector, we estimate a dynamic, structural model of the firm’s decision to invest in R&D and quantify the cost and longrun benefit of this investment. The model incorporates and quantifies linkages between the firm’s R&D investment, product...
Persistent link: https://www.econbiz.de/10010203640
This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative activities. There are opposing effects concerning R&D intensity in the manager-controlled firm. Our study on the determinants of R&D intensity presents empirical results concerning...
Persistent link: https://www.econbiz.de/10011445230
The imperfect appropriability of revenues from innovation affects the incentives of firms to invest, and to disclose … information about their innovative productivity. It creates a free-rider effect in the competition for the innovation that … strategic disclosure for the firms.profits and the probability of innovation. …
Persistent link: https://www.econbiz.de/10010285360
Multivariate Tobit models are estimated using German cross-sectional data to test whether strategic complementarities exist between expenditures in four different types of ICT-components. If two ICT-components are complements, they are correlated (provided that agents act rationally)....
Persistent link: https://www.econbiz.de/10011448665
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
Using firm-level data from the German manufacturing sector, we estimate a dynamic, structural model of the firm’s decision to invest in R&D and quantify the cost and longrun benefit of this investment. The model incorporates and quantifies linkages between the firm’s R&D investment, product...
Persistent link: https://www.econbiz.de/10014152023
Persistent link: https://www.econbiz.de/10008760120
This paper aids our understanding of the link between innovation and exporting behavior by detailing how firms may … purposefully decide on the source country for the imported innovation and the market that they ultimately serve. We argue that …
Persistent link: https://www.econbiz.de/10003956230