This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...

Die Innovationsaktivität von Unternehmen ist eine wichtige Komponente des Wirtschaftswachstums. Konsumenten profitieren von Neuentwicklungen, die zu einer größeren Auswahl an Produkten und Dienstleistungen führen. Ebenfalls können durch die Erschließung zusätzlicher Märkte neue...

This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...

This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...

This paper analyzes the importance of equity finance for the Ramp;D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we...

Diese Arbeit befaßt sich mit dem Übergangsverhalten von Abgängern aus der Berufsausbildung in die erste Beschäftigung. Anhand Daten des Sozioökonomischen Panels wird ein Verweildauermodell, für die Zeitspanne zwischen dem Abschluß der Berufsausbildung und dem Eintritt in das erste...

This article examines the impact of innovation on employment growth in innovating small and medium enterprises using a quantile regression approach. The key findings are that innovation has a positive effect on employment in both growing and shrinking firms. The impact of innovation on employee...

This contribution is concerned with the spread of new products in small and medium-sized enterprises in the manufacturing sector. Based on an empirical study it is analyzed according to which factors planned product launches are either genuine market novelties or products that are new from the...