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Persistent link: https://www.econbiz.de/10001647780
Im Rahmen der einzelbetrieblichen Technologieforderung gewährt das Land Schleswig-Holstein Zuschüsse für die Entwicklung neuer Produkte und Prozesse. Ziel dieser Förderung ist es, durch Minderung des Entwicklungsrisikos kleinen und mittleren Unternehmen Innovationen zu ermöglichen. Die...
Persistent link: https://www.econbiz.de/10011733989
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...
Persistent link: https://www.econbiz.de/10010341887
This paper investigates the impact of the financial crisis on investment decisions in innovative versus non-innovative firms. Firms are defined as being innovative if they have introduced a new product to the market. The empirical test is based on data for the years before and after the recent...
Persistent link: https://www.econbiz.de/10011339805
This paper integrates innovation input and output effects of R&D subsidies into a modified Crépon–Duguet–Mairesse (CDM …
Persistent link: https://www.econbiz.de/10011487998
privately financed R&D and subsidyinduced R&D investment to evaluate their respective effects on innovation performance. The … collaborate internationally as well as for SMEs. -- Innovation Policy ; Subsidies ; R&D ; SMEs ; International Collaboration … ; Treatment Effects ; Innovation Performance …
Persistent link: https://www.econbiz.de/10009686768
This paper studies the effects of different public innovation funding programs on the innovation output and export … contributes to higher innovation outputs, which in turn translates into higher export success in later years. This relation … however only holds for certain sources of public funding and certain types of innovation output. Innovation support from the …
Persistent link: https://www.econbiz.de/10011566487
innovation activities of their business customers. Individual banks' liquidity shocks are identified by the degree of interbank … total innovation expenditures in comparison to the periods before. Our results imply that those firms which have a business … relation to a bank with higher interbank market reliance reduce their innovation activities during the financial crisis to a …
Persistent link: https://www.econbiz.de/10011762085
In Germany, R&D subsidies are an important tool to support innovation in the private sector. This paper studies the …
Persistent link: https://www.econbiz.de/10011780867
This article investigates how a firm's financial strength affcts its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from its...
Persistent link: https://www.econbiz.de/10011404565