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This paper investigates how competition and firm size affect the relationship between market uncertainty and R&D investment. We use an intuitively appealing measure of firm-specific uncertainty along with panel data to show that firms invest less in current R&D as uncertainty about market...
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This paper analyses the relationship between past innovation output, competition, and future innovation input in a … substitutability and entry barriers due to fixed costs. Based on firm-level panel data for Germany and Switzerland we obtain consistent … results for both countries. Innovation output in t-1 as measured by the sales share of innovative products is positively …
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predictions with a Tobit model based on a unique dataset and survey for the German manufacturing sector (the Mannheim Innovation …
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