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Do underpriced firms innovate less?
Parise, Gianpaolo - 2014
This paper documents that underpriced firms substitute R&D spending with share buybacks to the detriment of innovation … investors, and for high-disagreement stocks. The results are consistent with a model in which managers under-invest in … innovation to boost short-term profits, as the market is inefficiently slow in valuing research …
Persistent link: https://www.econbiz.de/10010338774
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On regional innovator networks as hubs for innovative ventures
Cantner, Uwe; Wolf, Tina - 2016
At least since Schumpeter published his work "The Theory of Economic Development" (1912), a wide body of literature has focused on the evolutionary process behind firm growth and survival. Recently a growing interest is devoted to the variable "location" as a critical factor, shaping firm...
Persistent link: https://www.econbiz.de/10011455992
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Innovation in the energy sector
Friesenbichler, Klaus - 2013
This study analyses the diffusion of renewable energy (RE) technologies. It analyses the transition dynamics as the sector broadens its energy mix and changes its capital stock. This shift is found to be desirable from an environmental, geopolitical and economic perspective. Yet, it greatly...
Persistent link: https://www.econbiz.de/10010431686
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Technology platforms in Europe : an empirical investigation
De Propris, Lisa; Corradini, Carlo - 2013 - revised version
In the last decades, innovation activity has been defined by an increasing complexity and a faster pace of the … underlying technological change. Accordingly, several studies have shown that competitive systems of innovation benefit from …
Persistent link: https://www.econbiz.de/10010431699
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The influence of public support for innovations on the economic performance of enterprises
Klímová, Viktorie; Žítek, Vladimir; Lelková, Tereza - In: Proceedings of the ENTRENOVA - ENTerprise REsearch … 7 (2021) 1, pp. 315-323
The paper aims to assess how public support for innovation activities influences the economic performance of Czech … their innovation activities. The analysis was performed on the case of the Innovation Program, which was co-financed by the … European Regional Development Fund. The Innovation Program is the largest Czech program for innovation support and mainly …
Persistent link: https://www.econbiz.de/10013170626
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Cumulative innovation, growth and welfare-improving patent policy
Chor, Davin; Lai, Edwin L.-C. - 2013
We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …
Persistent link: https://www.econbiz.de/10010189836
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Entrepreneurial innovations and taxation
Haufler, Andreas; Norbäck, Pehr-Johan; Persson, Lars - 2011
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …
Persistent link: https://www.econbiz.de/10009124617
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Immigration policy levers for U.S. : innovation and startups
Kerr, William R.; Pekkala Kerr, Sari - 2020
reforms that would likely increase the rate of innovation and the number of startups due to immigrants in the country. Key …
Persistent link: https://www.econbiz.de/10012241073
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The economic cycle and the innovation activity of the Polish Industry System
Świadek, Arkadiusz - 2014
attempt to search for directions, as well as the power of impact of different phases of the business cycle on the innovation … industrial companies (questionnaire survey) it was stated that in the prosperity phase the implementation of the innovation …, the innovation activity is a less common phenomenon, but is not completely abandoned. Research results did not confirm the …
Persistent link: https://www.econbiz.de/10012002317
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Does the high-tech enterprise certification policy promote innovation in China?
Liu, Huiling; Fei, Xing; Yakshtas, Kseniya; Li, Bo - 2018
This study investigates the impacts of Chinese high-tech enterprise certification policy on enterprise innovation by … certification can promote Chinese enterprise innovation, especially the innovation captured by invention patents. The results of a … certification can influence enterprise innovation through tangible and intangible channels. The heterogeneity analysis shows that …
Persistent link: https://www.econbiz.de/10011943397