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The Convergence between For-Profit and Nonprofit Hospitals in the United States
David, Guy - 2011
This paper provides evidence of the growing similarity in capacity of for-profit and nonprofit hospitals. In 1960, nonprofit hospitals maintained on average more than three times as many beds per hospital as their for-profit counterparts; following a monotonic decline in relative size, by 2000,...
Persistent link: https://www.econbiz.de/10014029704
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Does the technological content of government demand matter for private R&D? : evidence from US states
Slavtchev, Viktor; Wiederhold, Simon - 2014
content of government procurement in innovation. We theoretically show that a shift in the composition of public purchases … toward high-tech products translates into higher economy-wide returns to innovation, leading to an increase in the aggregate … in der Privatwirtschaft hat. Dieses Ergebnis bleibt auch bei Berücksichtigung einer Vielzahl von Kontrollvariablen …
Persistent link: https://www.econbiz.de/10010399854
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Industry Tournament Incentives and Corporate Innovation Strategies
Kong, Lingfei - 2020
This paper examines how the tournament-like progression in the CEO labor market influences corporate innovation … strategies. By exploiting a text-based proxy for product innovation based on product descriptions from 10-Ks, we find a … significant positive relation between industry tournament incentives (ITIs) and product innovation. We then explore the trade …
Persistent link: https://www.econbiz.de/10012850347
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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/10011718181
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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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Research and/or Development? Financial Frictions and Innovation Investment
Mezzanotti, Filippo; Simcoe, Timothy S. - National Bureau of Economic Research - 2023
disaggregates "R" from "D" to study how US firms adjust their innovation investments in response to an external increase in funding …
Persistent link: https://www.econbiz.de/10014337755
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Intangible Drivers of Innovation Performance : Empirical Evidence from USA and Russia
Molodchik, Mariya; Nursubina, Jana - 2012
analysis to discover the specific intangible drivers of innovation performance for developed and developing countries. The … relationship with product innovations. The influence of human capital on innovation performance was justified using fixed effect …
Persistent link: https://www.econbiz.de/10014163854
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Competition and R&D Financing : Evidence from the Biopharmaceutical Industry
Thakor, Richard T. - 2018
What is the interaction between competition, R&D investments, and the financing choices of R&D-intensive firms? Motivated by existing theories, we hypothesize that as competition increases, R&D-intensive firms will: (1) increase R&D investment relative to assets-in-place that support existing...
Persistent link: https://www.econbiz.de/10012937531
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Competition and R&D Financing : Evidence from the Biopharmaceutical Industry
Thakor, Richard T.; Lo, Andrew W. - 2021
The interaction between product market competition, R&D investment, and the financing choices of R&D-intensive firms on the development of innovative products is only partially understood. To motivate empirical hypotheses about this interaction, we develop a model which predicts that as...
Persistent link: https://www.econbiz.de/10013249274
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R&D activity and core business efficiency on the example of technology companies
Nawrocki, Tomasz L. - 2015
Taking as a basis for discussion the Schumpeter's innovation theory, this paper analyses the relationship between …
Persistent link: https://www.econbiz.de/10012010953