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Industrial research versus development investment : the implications of financial constraints

Czarnitzki, Dirk; Hottenrott, Hanna; Thorwarth, Susanne - 2009

recipients' investment is less sensitive to internal liquidity. -- Research and development ; liquidity constraints ; innovation …

Persistent link: https://www.econbiz.de/10003881344

Grenzen und Reichweiten nationaler Innovationssysteme und forschungspolitische Implikationen

Spielkamp, Alfred - 1997

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

Do R&D subsidies matter? : evidence for the German service sector

Czarnitzki, Dirk; Fier, Andreas - 2001

innovative activities of German service firms. We investigate whether firms that receive public subsidies for innovation projects … innovative activities. The more grants a firm has received in the past, the more it invests in current innovation projects …

Persistent link: https://www.econbiz.de/10011445968

Die Rolle der Innovationsförderung im Aufbauprozess Ostdeutschlands

Czarnitzki, Dirk (contributor); Licht, Georg (contributor) - 2004

Persistent link: https://www.econbiz.de/10002368197

Evaluating the impacts of subsidies on innovation activities in Germany

Hujer, Reinhard (contributor); Radic, Dubravko (contributor) - 2005

market mechanism. As a response, public instruments have been implemented to stimulate private innovation activities. The … Establishment Panel and apply various microeconometric methods to estimate the effect of public measures on innovation activities of …

Persistent link: https://www.econbiz.de/10002906079

Who gets the money? : the dynamics of R&D project subsidies in Germany

Aschhoff, Birgit (contributor) - 2008

The question of the allocation of public R&D funding is becoming particularly important when it comes to identifying the effects of state subsidies, in terms of input or output additionality. This analysis goes one important step further than the existing literature by including the time...

Persistent link: https://www.econbiz.de/10003671251

R&D incentives, compatibility and network externalities

Cerquera, Daniel (contributor) - 2006

This paper analyzes the impact of network externalities on R&D competition between an incumbent and a potential entrant. The analysis shows that the incumbent always invests more than the entrant in the development of higher quality network goods. However, the incumbent exhibits a too low level...

Persistent link: https://www.econbiz.de/10003404785

Dynamic R&D incentives with network externalities

Cerquera, Daniel (contributor) - 2006

This paper studies the incentives to undertake uncertain R&D initiatives in a dynamic duopoly network industry. It is shown that network externalities positively affect the incentives to invest in R&D. In the model, competition resembles a preemption race and, therefore, market performance...

Persistent link: https://www.econbiz.de/10003404793

An empirical test of the asymmetric models on innovative activity : who invests more into R&D - the incumbent or the challenger?

Czarnitzki, Dirk; Kraft, Kornelius - 2000

The theoretical discussion concerning the question whether the incumbent or the (potential) entrant invests more into R&D has attracted considerable interest. This paper reports the results of an empirical study on this question using data of about 3500 German firms over the years 1992 to 1995....

Persistent link: https://www.econbiz.de/10011444512

Patents as quality signals? : the implications for financing constraints on R&D

Czarnitzki, Dirk; Hall, Bronwyn H.; Hottenrott, Hanna - 2014

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