-in-differences design to causally identify the short-run impact of COVID-19 on innovation spending in 2020 and expected innovation spending … substantially reduced innovation expenditure not only in the first year of the pandemic (2020) but also in the two subsequent years …, indicating ’Long–Covid’ effects on innovation. In 2020, innovation expenditure fell by 4.7 % due to the pandemic. In 2022 …

Skills shortage has become a key policy issue in highly developed and innovation-oriented economies, with non …-negligible consequences on firms' innovation activities. We investigate the effect of skills shortage on firms' innovation openness, which is … considered to be one of the key drivers of innovation performance. We hypothesize that scarcity of personnel causes firms to …

From a firm’s perspective two competing forces are driving the decision to invest in innovation. On the one hand …, innovative performance is an important driver of profitability and growth. On the other hand, investments in innovation suffer … highlight the trade-off of patenting by setting up a recursive system of equations on knowledge leakage and imitation that …

at the intensive margin, i.e. our results do not suggest that non-innovative companies are deterred from innovation …

Artificial Intelligence (AI) represents a set of techniques that enable new ways of innovation and allows firms to … new business models. This paper analyses the extent to which the use of AI contributes to the innovation performance of … firms. Based on firm-level data from the German part of the Community Innovation Survey (CIS) 2018, we examine the …

This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity …