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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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Discrete-time stochastic volatility models and MCMC-based statistical inference
Hautsch, Nikolaus (contributor); Ou, Yangguoyi (contributor) - 2008
In this paper, we review the most common specifications of discrete-time stochastic volatility (SV) models and illustrate the major principles of corresponding Markov Chain Monte Carlo (MCMC) based statistical inference. We provide a hands-on ap proach which is easily implemented in empirical...
Persistent link: https://www.econbiz.de/10003770817
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The process of standard formation and its strategic implications
Jain, Sanjay - 1996
Persistent link: https://www.econbiz.de/10000967458
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Investment and Capitalisation of Firms in the USA
Clark, Woodrow W., II - 2014
development as the engine for new product development and market share and growth. Results shed light on issues of innovation …
Persistent link: https://www.econbiz.de/10013070542
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Technology and innovation : patent-based evidence
Zloczysti, Petra - 2010
Persistent link: https://www.econbiz.de/10009125292
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Research efficiency in manufacturing : an application of DEA at the industry level
Schmidt-Ehmcke, Jens; Zloczysti, Petra - 2009
Office (EPO) to industry-specific R&D inputs from EU KLEMS. We find that Germany, the United States, and Denmark have the …
Persistent link: https://www.econbiz.de/10003832826
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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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Foreign and Native-Born Stem Graduates and Innovation Intensity in the United States
Winters, John V. - 2015
native and foreign STEM graduates have statistically significant and economically large effects on innovation. Together these … results suggest that policies that increase the stocks of both foreign and native STEM graduates increase innovation and …
Persistent link: https://www.econbiz.de/10013032076
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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