Das vorliegende Arbeitspapier fasst die Ergebnisse einer im Sommer 1988 durchgeführten schriftlichen Expertenbefragung zu den Bestimmungsfaktoren von Forschung und Entwicklung in der Schweizer Industrie zusammen. Von den 940 befragten Unternehmungen haben 358 oder ca. 40% geantwortet; sie waren...

This paper investigates how trading frictions vary with the thickness of the asset market by examining patterns of asset allocations and prices in commercial aircraft markets. The empirical analysis indicates that assets with a thinner market are less liquid—i.e., more difficult to sell. Thus,...

We examine micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey data...

Credit Unions have a number of advantages to offer customers relative to many banks and one of the reasons may be due to the way that their employees work. This paper will investigate whether employees at credit unions are more productive than bank employees. Theoretical arguments as to why this...

The aim of the paper is to study statistical characteristics of the Research and Development (R&D) system of Georgia in years 1996-2005 and compare them with corresponding characteristics of the R&D system for the Europe Central Asia Region (ECA). We consider main short term and long term...

Small and medium-sized enterprises (SMEs) are indeed the engines of global economic growth. Their continued growth is a major subject for the economy and employment of any country. Towards that end, virtual research and development (R&D) could be a viable option to sustain and ease the...

Innovation plays a central role in economic development, at regional and national level. In the competitive environment companies are obliged to produce more rapidly, more effectively and more efficiently in new product development which is a result of research and development (R&D) activities....

Research and development functions are fundamental drivers of value creation in technology-based Small and Medium enterprises (SMEs) seemingly successful R&D is a function of innovation processes and R&D networks. There is a perceived lack of understanding regarding the importance of SMEs and...

The internationalization of R&D network is a recent phenomenon. In this knowledge based environment, the driving forces for this phenomenon are digitization, the internet, and high-speed data networks that are keys to address many of the operational issues from design to logistics and...

The article discusses the factors influencing the market capitalization of a company. Using data on the thousand largest companies in Europe, taken from the 2009 EU Industrial R&D Investment Scoreboard, the analysis focuses on the impacts of net sales value of each company, investment in...