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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/10010297522
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/10010298015
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/10010299462
that they employ.In order to account for non-R&D innovation activities, we apply the STI/DUI concept as a theoretical … starting point. This distinguishes between (1) the science, technology, innovation (STI) mode with its strong emphasis on … modes of learning and innovation exist within the German SME sector: the supplier-dependent DUI group, the customer …
Persistent link: https://www.econbiz.de/10012040194
the innovation process. Markets with high competition also force enterprises to produce imitative innovations but give …
Persistent link: https://www.econbiz.de/10005098257
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 headcounts is much stronger in companies that are already experiencing …
Persistent link: https://www.econbiz.de/10010298716
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 headcounts is much stronger in companies that are already experiencing …
Persistent link: https://www.econbiz.de/10005098347
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/10008469765
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/10005097918
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/10005098388