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Firms invest huge amounts into intangible assets. This paper explores to which extent different kinds of intangible assets are conducive to firm-level productivity. Our study contributes to the literature by simultaneously comparing productivity effects of innovative capital, human capital,...
Persistent link: https://www.econbiz.de/10010460700
Firms invest huge amounts into intangible assets. This paper explores to which extent different kinds of intangible assets are conducive to firm-level productivity. Our study contributes to the literature by simultaneously comparing productivity effects of innovative capital, human capital,...
Persistent link: https://www.econbiz.de/10011122562
innovation experience, the results further highlight the important role of knowledge provided by skilled employees and unobserved …This paper investigates whether firms innovate persistently or discontinuously over time using an innovation panel data … set on German manufacturing and service firms for the period 1994?2002. We find that innovation behaviour is permanent at …
Persistent link: https://www.econbiz.de/10010297493
innovation through inter-firm knowledge spillovers and improved job-match quality up to certain threshold. The point when costs …This paper explores the role of R&D worker mobility on innovation performance. As one main novelty, we employ churning … estimating various knowledge production functions suggest an inverse u-shaped relationship. The exchange of R&D personnel fosters …
Persistent link: https://www.econbiz.de/10010300516
This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of …. If they selected additional innovation projects, they must have had some unexploited investment opportunities that were … not profitable using more costly external finance. We attribute constraints for innovation not only to lacking financing …
Persistent link: https://www.econbiz.de/10010310988
observations from Germany and Sweden. Applying a knowledge production function that gives the relationship between innovation input …, innovation output and productivity, we find to a very large extent a common cross-country story for knowledge intensive …Recent studies have documented extensive heterogeneity in firm performance within countries, and innovation has been …
Persistent link: https://www.econbiz.de/10010297274
innovation and employment growth in Germany. The model is tailor-made for analysing firm-level employment effects of innovations … using specific information provided by CIS data. It establishes a theoretical link between employment growth and innovation …
Persistent link: https://www.econbiz.de/10010297395
Extending a recently developed multi-product model and distinguishing between different product and process innovation … activities, this paper reports new results on the relationship between innovation and employment growth in manufacturing and … information provided by CIS data. It establishes a theoretical link between employment growth and innovation output. The …
Persistent link: https://www.econbiz.de/10010298012
This paper studies the impact of process and product innovations introduced by firms on employment growth in these firms. A simple model that relates employment growth to process innovations and to the growth of sales separately due to innovative and unchanged products is developed and estimated...
Persistent link: https://www.econbiz.de/10010298693
This study presents a novel empirical approach to identify financing constraints for innovation based on the idea of an … alternatives of use. If they choose additional innovation projects they must have had some unexploited investment opportunities … attribute constraints for innovation not only to lacking financing, but also to firms' innovative capability. Econometric …
Persistent link: https://www.econbiz.de/10010299835