Showing 1 - 8 of 8
This study uses newly available representative data from German business services firms and a continuous treatment approach based on the generalized propensity score to test for a causal effect of R&D activities (measured by the share of engineers and natural scientists in all employees) on the...
Persistent link: https://www.econbiz.de/10010741446
This paper contributes to the literature by providing the first evidence on the link between innovation activities … convincing attempt to investigate the direction of the causal link between exports and innovation activities. …
Persistent link: https://www.econbiz.de/10010742115
This paper provides estimates of negative binomial regressions for high-leveraged and non-high-leveraged exporting firms in Sweden over a business cycle that contains two boom periods and two recession periods. The contemporaneous cash flow coefficients are positive and statistically...
Persistent link: https://www.econbiz.de/10010751973
We find that internal finance resources at the firm-level, measured by cash flow, play a non-trivial role for the number of patent applications, even after controlling for the standard variables of a patent study. The results are based on estimating panel count-data models on a sample of 2,700...
Persistent link: https://www.econbiz.de/10008546345
Based on data from of 2,700 Swedish manufacturing firms, observed through the period 1997-2005, this paper shows that internal finance resources, measured by cash-flow, affect the propensity to apply for a patent as well as the number of patent applications. From a business cycle perspective,...
Persistent link: https://www.econbiz.de/10008506820
During the mid and late 1990s young, high-tech firms in the U.S. experienced a supply shift in both internal and external equity fueling a finance driven boom in corporate R&D. I estimate dynamic R&D regression models for high-tech firms, separately for the U.K. and Continental Europe, and find...
Persistent link: https://www.econbiz.de/10004969810
There are systematic long-run differences in the performance of firms explained by the R&D-strategy that each firm employs. Controlling for unobservable heterogeneity, past performance and other firm characteristics, this paper shows that labour productivity is, on average, 13 percent higher...
Persistent link: https://www.econbiz.de/10008492617
innovation. In doing so, we classify a Swedish sample of 1,249 multinational enterprises, MNEs, on the basis of their main market … model and estimate the contribution to innovation output from regional and foreign collaboration on innovation with other … cross-sectional data sheds new light on how innovation is affected by local and global technology spillover. …
Persistent link: https://www.econbiz.de/10005190545