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Persistent link: https://www.econbiz.de/10001774210
This study focuses on the impact of innovation policies and R&D collaboration in Germany and Finland. We consider … the firm level. In general, we find that collaboration has positive effects. In Germany, subsidies for individual research …
Persistent link: https://www.econbiz.de/10002040121
Persistent link: https://www.econbiz.de/10002162617
Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments. Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....
Persistent link: https://www.econbiz.de/10003881344
This paper explores the impact of R&D subsidies on the concentration of R&D in an economy. First, governments are often criticized of subsidizing predominantly larger firms and thus contribute to persistence of leadership in markets and higher barriers to entry, and, hence, reduced competition...
Persistent link: https://www.econbiz.de/10008701446
This study focuses on the impact of innovation policies and R&D collaboration in Germany and Finland. We consider … the firm level. In general, we find that collaboration has positive effects. In Germany, subsidies for individual research …
Persistent link: https://www.econbiz.de/10003670962
of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on … firm value proxied by ratings in Western Germany, but a negative impact in Eastern Germany. We also consider future … financial distress, and find that R&D in Eastern German firms leads to higher default risk, in contrast to Western Germany …
Persistent link: https://www.econbiz.de/10003328090