Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the … time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to … account, but a significant positive relationship between cash flow and investment remains for relatively small firms. In the …

perpetual growth is explained by a feedback effect from investment to the formation of long-distance links and the diffusion of …This paper introduces the Small World model (Watts and Strogatz, Nature, 1998) into the theory of economic growth and … more integration mainly improves search for effcient investment opportunities. At a higher level of economic integration …

perpetual growth is explained by a feedback effect from investment to the formation of long-distance links and the diffusion of …This paper introduces the Small World model (Watts and Strogatz, Nature, 1998) into the theory of economic growth and … more integration mainly improves search for efficient investment opportunities. At a higher level of economic integration …

(Watts and Strogatz, Nature, 1998) into the theory of economic growth and investigates how increasing economic integration … efficient investment opportunities. At a higher level of economic integration neighborhood enforcement deteriorates and formal … institutions are needed to keep entrepreneurs in check. A gradual take-off to perpetual growth is explained by a feedback effect …

perpetual growth is explained by a feedback effect from investment to the formation of long-distance links and the diffusion of …This paper introduces the Small World model (Watts and Strogatz, Nature, 1998) into the theory of economic growth and … more integration mainly improves search for effcient investment opportunities. At a higher level of economic integration …

Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the … time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to … account, but a significant positive relationship between cash flow and investment remains for relatively small firms. In the …

Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the … time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to … account, but a significant positive relationship between cash flow and investment remains for relatively small firms. In the …