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This paper investigates the effect of market size on innovation activities across different durable good industries in … increase in labour productivity by 6.5% and an increase in the likelihood of a successful product innovation by about 1 …
Persistent link: https://www.econbiz.de/10010338977
The theoretical and empirical innovation literature stresses the importance of regional fac-tors and locational … conditions for location choice of firms and their innovation success. Innovation activities are not equally distributed in space … because agglomeration effects and specific regional infrastructures may promote innovation success. Concerning environmentally …
Persistent link: https://www.econbiz.de/10010339295
innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating … of the firms R&D and total innovation expenditures net of those costs due to the environmental innovation. The estimated … number of R&D projects and investments in non-innovation-related assets. Likewise, for firms with subsidy …
Persistent link: https://www.econbiz.de/10010341625
We examine how basic research should be financed. While basic research is a public good benefiting innovating entrepreneurs it also affects the entire economy: occupational choices of potential entrepreneurs, wages of workers, dividends to shareholders, and aggregate output. We show that the...
Persistent link: https://www.econbiz.de/10010342234
. These boom and bust cycles are inherent to the rise innovation. Our paper analyses innovation cycles in a stock flow …. Above all, the role of financial-innovation nexus is underlined. The paper builds the grounds for a wider analysis of …
Persistent link: https://www.econbiz.de/10010343834
, innovation and economic evolution. In particular, by going back to the History of Astronomy, the First Formation of Languages and ….e. by dissatisfaction with some existing order; however imagination (that is, innovation) can only be successful if it is …
Persistent link: https://www.econbiz.de/10010343907
complements problem but not the double mark-up problem. Vertical integration discourages entry and reduces innovation incentives …, while horizontal integration always encourages entry and innovation. …
Persistent link: https://www.econbiz.de/10010343929
In a patent thicket licensing provides a mechanism to either avoid or resolve hold-up. Firms' R&D incentives will differ depending on how licensing is used. In this paper we study the choice between ex ante licensing to avoid hold-up and ex post licensing to resolve it. Building on a theoretical...
Persistent link: https://www.econbiz.de/10010343952
This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...
Persistent link: https://www.econbiz.de/10010365872
This paper investigates the impact of new firms' quality on the magnitude of their employment effects. Our results clearly show that the quality of start-ups, measured by their affiliation to sectors and innovative industries, strongly influences the direct and the overall employment...
Persistent link: https://www.econbiz.de/10011568401