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On the Profitability of Innovative Assets

Kraft, Kornelius; Czarnitzki, Dirk - 2004

Successful innovative activity is a major contribution to the intangible capital of firms. Although its importance is generally acknowledged, the contribution to companies? profits is a priori unclear. We present the results of an empirical study on the effects of the patent stock on...

Persistent link: https://www.econbiz.de/10010297363

Using Innovation Survey Data to Evaluate R&D Policy: The Case of Belgium

Aerts, Kris; Czarnitzki, Dirk - 2004

to investigate possible crowdingout effects on the input side of the innovation process. Different specifications of R …

Persistent link: https://www.econbiz.de/10010297380

Die Rolle der Innovationsförderung im Aufholprozess Ostdeutschlands

Czarnitzki, Dirk; Licht, Georg - 2004

Der Beitrag untersucht die Effektivität der Innovationsförderung in den neuen Ländern. Dabei wird ein doppelter Vergleich angestellt. Zum einen analysieren wir die Auswirkungen der Förderung hinsichtlich der FuE-Anreize und der FuE-Ergebnisse durch einen Vergleich von geförderten und...

Persistent link: https://www.econbiz.de/10010297392

R&D and Firm Performance in a Transition Economy

Czarnitzki, Dirk; Kraft, Kornelius - 2006

We estimate the effects of R&D on firms' credit ratings and on financial distress. The main purpose is the comparison of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on firm value proxied by ratings in Western Germany, but a...

Persistent link: https://www.econbiz.de/10010297541

Haftungsregeln und Innovation

Czarnitzki, Dirk; Kraft, Kornelius - 2000

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

Persistent link: https://www.econbiz.de/10010297701

Management Control and Innovative Activity

Czarnitzki, Dirk; Kraft, Kornelius - 2000

This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative activities. There are opposing effects concerning R&D intensity in the manager-controlled firm. Our study on the determinants of R&D intensity presents empirical results concerning...

Persistent link: https://www.econbiz.de/10010297732

Die Auswirkung der Forschungs- und Technologiepolitik auf die Innovationsaktivitäten ostdeutscher Unternehmen

Czarnitzki, Dirk - 2001

impact of public technology policies on innovation of firms located in Eastern Germany. The main question is whether public … funding stimulates innovation activities or whether crowding?out effects between public and private means occur. A non … companies would have invested remarkably less if they had not participated in public innovation policy schemes. …

Persistent link: https://www.econbiz.de/10010297740

The effects of public R&D subsidies on firms' innovation activities: the case of Eastern Germany

Almus, Matthias; Czarnitzki, Dirk - 2001

This study analyzes the effects of public R&D policy schemes on the innovation activities of firms located in Eastern … innovation activities by about four percentage points. …

Persistent link: https://www.econbiz.de/10010297745

Firm leadership and innovative performance: evidence from seven EU Countries

Kraft, Kornelius; Czarnitzki, Dirk - 2001

This paper considers the effect of different firm leadership on the innovative performance of firms from seven EU countries. We investigate whether owner-led or manager-led firms achieve a larger share of their turnover with product innovations. Economic theory does not propose clear answers to...

Persistent link: https://www.econbiz.de/10010297773

Spillovers of Innovation Activities and Their Profitability

Czarnitzki, Dirk; Kraft, Kornelius - 2007

Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company … leakage of knowledge in an industry will negatively affect profitability. This paper presents the results of an empirical …

Persistent link: https://www.econbiz.de/10010297973