In October 2013, the European Commission presented a new indicator intended to capture innovation outputs and outcomes and thereby "support policy-makers in establishing new or reinforced actions to remove bottlenecks that prevent innovators from translating ideas into products and services that...

Nonparametric efficiency analysis has become a widely applied technique to support industrial benchmarking as well as a variety of incentive-based regulation policies. In practice such exercises are often plagued by incomplete knowledge about the correct specifications of inputs and outputs....

This paper deals with the question of changing relations between business R&D (BERD), patents and output measures like value added and productivity (macro level) as well as EBIT and market capitalization (micro level) to analyze long-term/secular effects of technological change at different...

Within this study we provide descriptive as well as multivariate evidence on the effects of the German Excellence Initiative on universities. Thereby, we will focus on the question whether the Excellence Initiative has led to a sharpening of the participating universities' scientific profiles in...

Innovation is regarded as a key driver of productivity and market growth and thus has a great potential for increasing wealth. Surveying innovation activities of firms is an important contribution to a better understanding of the process of innovation and how policy may intervene to maximise the...

Die Unternehmen in Deutschland haben ihre Innovationsausgaben im Jahr 2016 leicht erhöht und damit einen neuen Rekord aufgestellt. Insgesamt hat die deutsche Wirtschaft mit 158,8 Milliarden Euro zwei Prozent mehr als im Vorjahreszeitraum (2015: 157,4 Milliarden Euro) für Innovationsvorhaben...

Die Ausgaben für Innovationen sind im Jahr 2017 deutlich angestiegen. Die Unternehmen in Deutschland übertrafen dabei die Erwartungen aus dem Vorjahr. Insbesondere in den Dienstleistungen wurden die Ausgaben für Innovationen überdurchschnittlich stark erhöht. Der Anteil an Unternehmen, die...

Among available policy levers to boost innovation, investment in applied research organisations has received little empirical attention. In this paper, we analyse the case of the Fraunhofer Society, the largest public applied research organization in Germany. We analyse whether project...

The paper investigates the impact that the multinational scope of firms' activities can have on their productivity. First, we argue that such an impact is both direct and indirect, and that the latter is channelled through higher incentives to invest in R&D. Second, we posit that the composition...

Using data on the US and EU top R&D spenders from 2004 until 2012, this paper investigates the sources of the US/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially in the high-tech industries), and this...