Showing 1 - 10 of 15
Firms invest huge amounts into intangible assets. This paper explores to which extent different kinds of intangible assets are conducive to firm-level productivity. Our study contributes to the literature by simultaneously comparing productivity effects of innovative capital, human capital,...
Persistent link: https://www.econbiz.de/10011122562
There are noticeable differences between the roles that various forms of credit financing play in family businesses and in other businesses. Family businesses take out more often bank loans specifically to finance investments and innovations, and they particularly often resort to the short-term...
Persistent link: https://www.econbiz.de/10008869220
The internationalisation of corporate R&D opens up the chances to participate in international knowledge sharing. This … organizational costs as well as risks of outgoing knowledge spillovers. In this paper we empirically address the question whether … Innovation Survey (CIS). The empirical results demonstrate that R&D location matters for profitability. Firms with both domestic …
Persistent link: https://www.econbiz.de/10008869230
This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of … alternatives of use. If they selected additional innovation projects, they must have had some unexploited investment opportunities … that were not profitable using more costly external finance. We attribute constraints for innovation not only to lacking …
Persistent link: https://www.econbiz.de/10009147345
This paper examines how foreign-owned and domestically owned firms transform innovation into employment growth. The …, reveals important differences between the two groups: Due to general productivity increases and process innovation, foreign … innovation are larger for foreignowned firms. Together with employment-stimulating effects stemming from existing products, they …
Persistent link: https://www.econbiz.de/10010957608
This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of …. If they selected additional innovation projects, they must have had some unexploited investment opportunities that were … not profitable using more costly external finance. We attribute constraints for innovation not only to lacking financing …
Persistent link: https://www.econbiz.de/10010957615
Using firm-level data from the German manufacturing sector, we estimate a dynamic, structural model of the firm's decision to invest in R&D and quantify the cost and longrun benefit of this investment. The model incorporates and quantifies linkages between the firm's R&D investment, product and...
Persistent link: https://www.econbiz.de/10010957646
This paper examines how productivity effects of human capital and innovation vary at different points of the …-skilled employees and industries in Germany by a more unequal distribution of human capital intensity. In Germany, average innovation … performance is higher in all industries, except for low-technology manufacturing, and in the Netherlands the innovation …
Persistent link: https://www.econbiz.de/10010985700
innovation through inter-firm knowledge spillovers and improved job-match quality up to certain threshold. The point when costs …This paper explores the role of R&D worker mobility on innovation performance. As one main novelty, we employ churning … estimating various knowledge production functions suggest an inverse u-shaped relationship. The exchange of R&D personnel fosters …
Persistent link: https://www.econbiz.de/10008526846
This study presents a novel empirical approach to identify financing constraints for innovation based on the idea of an … alternatives of use. If they choose additional innovation projects they must have had some unexploited investment opportunities … attribute constraints for innovation not only to lacking financing, but also to firms' innovative capability. Econometric …
Persistent link: https://www.econbiz.de/10008474671