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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...
Persistent link: https://www.econbiz.de/10003301146
importance of the interactions and linkages among acteurs and institutions involved in innovation and technology development of a … country and calls such a web of interaction a national innovation system. The theoretical and empirical analyses on national … systems of innovation lead to the conclusion that countries differ in the way in which knowledge flows and that innovation …
Persistent link: https://www.econbiz.de/10011440884
Persistent link: https://www.econbiz.de/10001792560
Firms compete increasingly in an open innovation environment. Search strategies for external knowledge become therefore … are built through internal or external R&D activities) and the munificence of its innovation environment. We test these … its breadth. Moreover, we find that scarce innovation environments favor deep search strategies while breadth is more …
Persistent link: https://www.econbiz.de/10003761002
This paper examines empirically the relationship between innovation and market structure within a simultaneous … concentration. In contrast, competition enforces innovation, i.e. sales concentration has a negative impact on R&D. …
Persistent link: https://www.econbiz.de/10011446652
Persistent link: https://www.econbiz.de/10001194961
product and process innovation among exporting firms and these innovations have a larger impact on productivity improvement in …
Persistent link: https://www.econbiz.de/10011932163
In the following paragraphs we will discuss the "mapping of innovative clusters in national innovation systems". For … Innovation Survey (which is comparable with CIS data). The Community Innovation Survey (CIS) is an initiative of the EU … innovation systems, highlight the outline conditions for innovations in Germany, focusing above all on the basis of innovations …
Persistent link: https://www.econbiz.de/10011442326
knowledge spillovers are unmeasurable, a 'goodness of fit' measure is constructed using innovation survey data. It turns out … measures constructed from innovation survey data appear to work reasonably well while measures of the Euclidean technological …
Persistent link: https://www.econbiz.de/10011443497
During the last 20 years, R&D and innovation activities in the service sector have clearly increased. Especially …" of technological information within the economy. They are providers, purchasers or partners in the context of innovation …. A sound innovation capacity, especially knowledge, creativity, market and management skills let them become bridges for …
Persistent link: https://www.econbiz.de/10011445015