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Innovation is widely recognized as a key ingredient of productivity success. This article by Someshwar Rao, Ashfaq … positive relationship between measures of fundamental innovation, labour productivity and GDP per capita across OECD countries …. The authors paint a nuanced portrait of Canada's innovation performance. The existence of an innovation gap with the …
Persistent link: https://www.econbiz.de/10005481859
recipients' investment is less sensitive to internal liquidity. -- Research and development ; liquidity constraints ; innovation …
Persistent link: https://www.econbiz.de/10003881344
Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments.Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....
Persistent link: https://www.econbiz.de/10013095201
Persistent link: https://www.econbiz.de/10013095547
Leveraging a new measure of patent citation trees (Corredoira & Banerjee, 2015), we demonstrate that research funded by the federal government is likely to spark more active technological trajectories. Our findings tie government funding to the generation of breakthrough inventions. The...
Persistent link: https://www.econbiz.de/10012955587
Innovation policy can be a crucial component of governments' responses to crises. Because speed is a paramount … objective, crisis innovation may also require different policy tools than innovation policy in non-crisis times, raising … distinct questions and tradeoffs. In this paper, we survey the U.S. policy response to two crises where innovation was crucial …
Persistent link: https://www.econbiz.de/10013216371
-produced penicillin, antimalarials, and a flu vaccine. We draw on this episode to discuss the economics of crisis innovation. Since the …
Persistent link: https://www.econbiz.de/10013242040
This paper explores the impact of government environmental protection subsidies on corporate green innovation using … green innovation, and the results are robust. Financing constraints, research and development (R&D) willingness, and … green innovation. Further analysis shows that compared with industrial policies at the provincial level, the key supportive …
Persistent link: https://www.econbiz.de/10014507062
most innovation and technology diffusion at the lowest cost. This Article seeks to support better analyses of, and decision … making regarding, the choices of government innovation-funding mechanisms by discussing the limits of current analyses and … government innovation-funding inputs and outputs; (2) better documentation of and self-conscious decision making regarding …
Persistent link: https://www.econbiz.de/10014150354
Innovation processes in emerging fields of technology frequently utilize scientific knowledge and technical skills from … facilitate research and development (R&D) and formation of innovation networks. The main question analyzed in the paper is how … categories of core research competence and finally by targeting ‘open’ innovation processes characterized by incorporation of …
Persistent link: https://www.econbiz.de/10004988936