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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
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/10003301146
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
knowledge spillovers are unmeasurable, a 'goodness of fit' measure is constructed using innovation survey data. It turns out … measures constructed from innovation survey data appear to work reasonably well while measures of the Euclidean technological …
Persistent link: https://www.econbiz.de/10011443497
During the last 20 years, R&D and innovation activities in the service sector have clearly increased. Especially …" of technological information within the economy. They are providers, purchasers or partners in the context of innovation …. A sound innovation capacity, especially knowledge, creativity, market and management skills let them become bridges for …
Persistent link: https://www.econbiz.de/10011445015
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
The German biotechnology industry missed the accession of this key technology in the 1980s. Policy makers make different efforts to overcome shortcomings and recent gaps. Public funding schemes have been implemented to establish a flourish biotech industry in Germany. We assume that R&D policy...
Persistent link: https://www.econbiz.de/10003178532
from research institutions. Using data from the German innovation survey we investigate how firms are able to exploit … knowledge from external partners for successful innovation activities. The estimation results show that the determinants of … absorptive capacity differ with respect to the type of knowledge absorbed for innovation activities. In particular we find that …
Persistent link: https://www.econbiz.de/10003181057
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
Innovation Survey (CIS). The empirical results demonstrate that R&D location matters for profitability. Firms with both domestic … than firms that solely conduct R&D activities in their home country. -- R&D ; Innovation ; Internationalisation ; Firm …
Persistent link: https://www.econbiz.de/10008901575