The creation of spinoff companies is often promoted as a desirable mechanism for transferring knowledge and …

knowledge through the U.S. Small Business Innovation Research Program. Our conceptual framework assumes the nature of an …

This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of … 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, but also to …

This paper examines how productivity effects of human capital and innovation vary at different points of the …-technology manufacturing, average innovation performance is higher in all industries in Germany and the innovation performance distributions … investing in product innovation in the majority of industries. Frontier firms enjoy the highest returns to pro duct innovation …

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 …

as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …, and hence tend to over-invest into innovation. …

these predictions based on a unique dataset and survey for the German manufacturing sector (the Mannheim Innovation Panel …