Showing 1 - 10 of 1,040
This paper analyses fundamental location factors for the financial industry by investigating the economic significance of market participants’ assessments of location factors and country-specific characteristics over time. A unique data set allows studying the locational attractiveness of...
Persistent link: https://www.econbiz.de/10009675313
Cross-border investments represent a substantial share of venture capital activities. We use a new and comprehensive dataset on worldwide investments to analyze the internationalization of venture capital financing. Our results from the perspectives of (i) venture capitalists, (ii) portfolio...
Persistent link: https://www.econbiz.de/10003881576
In this paper, we analyze whether the domiciliation decision of mutual funds has an impact on fund fees. To explain the fee price-setting of mutual funds, we consider characteristics specific to funds, fund companies, and countries. We find that fees vary considerably across fund types and...
Persistent link: https://www.econbiz.de/10009510386
While the effects of non-geographic aggregation on inference are well studied in economics, research on geographic aggregation is rather scarce. This knowledge gap together with the use of aggregated spatial units in previous firm location studies result in a lack of understanding of firm...
Persistent link: https://www.econbiz.de/10011756609
Our research, based on the ZEW-Foundation Panel East, examines whether high-tech start-ups are mainly founded in scientific and infrastructural well suited regions or not. Estimation results on the level of postcode areas confirm the hypothesis that specific human capital, knowledge spillovers...
Persistent link: https://www.econbiz.de/10011444711
We explore the tail of patented invention value distributions by using value estimates obtained directly from patent holders. The paper focuses on those full-term German patents of the application year 1977 which were held by West German and U.S. residents. The most valuable patents in our data...
Persistent link: https://www.econbiz.de/10011440960
This study investigates how local milieus foster innovation success of firms. We complement the common practice of linking firm performance indicators to regional characteristics with survey evidence on the perceived importance of locational factors. While the former approach assumes that...
Persistent link: https://www.econbiz.de/10003634815
Regions with biotechnology-specific knowledge seem to have best chances to attract potential entrepreneurs to establish a biotechnology-firm. Furthermore, regional oriented technology policy is supposed to stimulate the creation process of biotechnology clusters, too. The BioRegio contest (BRC)...
Persistent link: https://www.econbiz.de/10003051041
Dem Neugründungsgeschehen in Dienstleistungsbranchen wird oft zugeschrieben, dass es einen wesentlichen Beitrag zum Strukturwandel zu einer wissensorientierten Wirtschaft leistet. Die hier vorliegende Arbeit untersucht die regionstypenspezifischen Unterschiede und Gemeinsamkeiten im...
Persistent link: https://www.econbiz.de/10011442644
Das Steuersenkungsgesetz stellt das größte Reformvorhaben auf dem Gebiet der direkten Steuern in Deutschland seit der … internationalen Wettbewerbsfähigkeit von Unternehmen am Standort Deutschland, Stärkung der Attraktivität des Standorts Deutschland für … (King-Fullerton-Ansatz) für Deutschland und die übrigen EU-Mitgliedstaaten brachte folgende Ergebnisse. Die Reform erfüllt …
Persistent link: https://www.econbiz.de/10011444519