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-tech sectors. Therefore, the effect of subsidies on both R&D input and R&D output is compared between independent high-tech young … highest for independent high-tech firms. The indirect effect of subsidies on R&D output is evaluated within a patent …
Persistent link: https://www.econbiz.de/10010519610
The literature suggests that public research and development (R&D) subsidies may reduce market failures affecting … imperfections. Drawing on the theory of investment under uncertainty, this paper argues that public R&D subsidies increase business …&D investment, and that R&D subsidies mitigate the effect of uncertainty. Our findings suggest that public policies aimed at …
Persistent link: https://www.econbiz.de/10003359654
This study applies a full information maximum likelihood (FIML) estimator of the sample selection model with bivariate selection rule for the investigation of the impact of subsidised firm foundation from unemployment on employment growth of the firm. The empirical analysis is based on the ZEW...
Persistent link: https://www.econbiz.de/10011445928
Barriers to entry are regarded as major impediments to the working of markets. Entry must not necessarily actually take place - the perceived threat of entry may encourage incumbent firms to behave as if they are in a competitive market, even if they are not. We present empirical evidence on...
Persistent link: https://www.econbiz.de/10003751792
Diese Studie untersucht den Einfluss des Tarifvertragssystems auf die Entscheidung von Unternehmen, im Ausland zu investieren. Ein Lohnverhandlungsmodell zeigt, dass produktive Unternehmen durch Flächentarifverträge im Heimatland begünstigt werden und seltener im Ausland investieren als bei...
Persistent link: https://www.econbiz.de/10011444517
We present a new method for imposing and testing concavity of a cost function using asymptotic least squares, which can easily be implemented even for cost functions which are nonlinear in parameters. We provide an illustration on the basis of a (generalized) Box-Cox cost function with six...
Persistent link: https://www.econbiz.de/10011445626
manufacturing firms in Germany. Our difference-in-differences framework relies on several parametric conditioning strategies and …
Persistent link: https://www.econbiz.de/10011574888
A quota on foreign competition will generally lead to quality-upgrading (downgrading) of the low-quality (high-quality) firm, an increase in average quality, a reduction of quality differentiation, and a reduction of domestic consumer surplus, irrespective of whether the foreign firm produces...
Persistent link: https://www.econbiz.de/10011447628
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Persistent link: https://www.econbiz.de/10001701674