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technologies (CET) has been checkered. Haphazard investment activity in the early 2000s paired with high-profile failures of once …-promising CET ventures to produce a general reticence toward CETs in the investment community. Since then, attitudes regarding the … potential for financial venture capital or public policy to meaningfully reintroduce vigor in CET innovation have been …
Persistent link: https://www.econbiz.de/10013013465
Persistent link: https://www.econbiz.de/10012038244
Policy-makers have become increasingly aware that corporate R&D and innovation are the main drivers of an economy … of corporate R&D investment trends, drivers and impacts. This paper focuses on the main differences between the EU and … and corporate R&D investment. Based on the literature review, the paper concludes that (a) there have been more dynamic …
Persistent link: https://www.econbiz.de/10011980250
linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 … predictive power on future innovation after 1995. This pattern is consistent with the idea that when there is more past upstream …
Persistent link: https://www.econbiz.de/10011557905
, while expansionary investment does so in the "downstream" industries. Conversely, the replacement of obsolete capital …
Persistent link: https://www.econbiz.de/10012022748
This paper explores the effect of different regional technological profiles on the resilience of regional economies to exogenous shocks. It presents an empirical examination of the determinants of resilience through panel analyses of UK NUTS III level data for the 2004-2012 period. The results...
Persistent link: https://www.econbiz.de/10011919527
that information uncertainty is the channel through which innovation affects idiosyncratic risk. The results are robust for … rents; however, there is limited evidence regarding the impact of innovation on risk. We shed new light on how firms …' involvement in innovation activities impacts their volatility, particularly their idiosyncratic volatility. In this paper, we …
Persistent link: https://www.econbiz.de/10014295263
Using firm level information on the world leading R&D investors and employing a system GMM estimation, this paper investigates how sensitive R&D investments are to cash flow movements, which would be suggestive of financial constraints. The analysis confirms that over the last decade the R&D...
Persistent link: https://www.econbiz.de/10013021349
How do firms and inventors move through knowledge space as they develop their innovations? We propose a method for tracking patterns of exploration and exploitation in patenting behaviour in the US for the period since 1920. Our exploration measure is constructed from the text of patents and...
Persistent link: https://www.econbiz.de/10013215975
'' sectors, while expansionary investment does so in the "downstream'' industries. Conversely, the replacement of obsolete …
Persistent link: https://www.econbiz.de/10012019248