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ICT, Innovation and Business Performance in Services: Evidence for Germany and the Netherlands

van der Wiel, Henry; van Leeuwen, George; Hempell, Thomas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2004

deepening and innovation for productivity. We employ a model that takes into account that innovation and ICT use may be … technological innovations on a more permanent basis. Moreover, the joint impact of ICT use and permanent technological innovation on … productivity appears to be of the same order of magnitude in the two countries. However, the direct impacts of innovation on multi …

Persistent link: https://www.econbiz.de/10005097585

Does Experience Matter? Innovations and the Productivity of ICT in German Services

Hempell, Thomas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2002

In this paper, it is argued that ICT investment is closely linked with complementary innovations and most productive in firms with innovative experience. In an analysis based on firm?level panel data covering the period 1994?99, system GMM estimates for an extended production function framework...

Persistent link: https://www.econbiz.de/10005097592

The Birth of German Biotechnology Industry: Did Venture Capital run the Show?

Heneric, Oliver; Engel, Dirk; Champenois, Claire - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2004

The goal of this paper is to point out the role played by private equity investors (venture-capital companies and corporate investors) in the emergence of a new biotechnology industry in Germany in the second half of the 90?s. This analysis takes into account the different business models and...

Persistent link: https://www.econbiz.de/10005097518

Public R&D Policy: The Right Turns of the Wrong Screw? The Case of the German Biotechnology Industry

Fier, Andreas; Heneric, Oliver - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2005

The German biotechnology industry missed the accession of this key technology in the 1980s. Policy makers make different efforts to overcome shortcomings and recent gaps. Public funding schemes have been implemented to establish a flourish biotech industry in Germany. We assume that R&D policy...

Persistent link: https://www.econbiz.de/10005097735

Exploring the relationship between scientist human capital and firm performance: The case of biomedical academic entrepreneurs in the SBIR program

Czarnitzki, Dirk; Toole, Andrew A. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007

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

Persistent link: https://www.econbiz.de/10005097877

Financial Constraints: Routine Versus Cutting Edge R&D Investment

Binz, Hanna L.; Czarnitzki, Dirk - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008

We analyze financial constraints for R&D, where we account for heterogeneity among investments which has been neglected in previous literature. According to economic theory, investments should be distinguished by their degree of uncertainty, e.g. routine R&D versus cutting-edge R&D. Financial...

Persistent link: https://www.econbiz.de/10005097957

R&D Investment and Financing Constraints of Small and Medium-Sized Firm

Czarnitzki, Dirk; Binz, Hanna L. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008

This study tests for financial constraints on R&D investment and how they differ from capital investment. To identify constraints in the access to external capital, we employ a credit rating index. Our models show that internal constraints, measured by mark-ups, are more decisive for R&D than...

Persistent link: https://www.econbiz.de/10005098128