affect investments in innovation projects as such projects are typically characterized by a high degree of uncertainty …, complexity and specificity. Financing innovation externally is thus likely to be more costly compared to financing of other … investment. Hence, internal sources of financing are crucial for the implementation of innovation projects. However, internal …

This paper examines the links between internationalisation, innovation and productivity in service enterprises. For … this purpose, we use micro data from the Community Innovation Survey 2008 in Germany, Ireland and the United Kingdom, and … of innovation outputs in all three countries. Our results indicate that innovation in service enterprises is linked to …

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

heterogeneous treatments, distinguishing and simultaneously analyzing the effect these treatments have on innovation input and … received, EU grants have higher effects. In terms of output, holding innovation expenditures constant, funding from both …

Recent years have shown a surge of firms globalising their innovation activities in order to gain from international … knowledge. This paper evaluates this strategy by investigating whether firms with international R&D are more innovative than … stronger dispersed international R&D activities hamper or stimulate innovation. Second, we employ two well-established market …