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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/10010299174
This paper characterizes the innovation strategy of manufacturing firms and examines the relation between the … innovation strategy and important industry-, firm- and innovation-specific characteristics using Belgian data from the Eurostat … Community Innovation Survey. In addition to important size effects explaining innovation, we find that high perceived risks and …
Persistent link: https://www.econbiz.de/10005771954
recipients' investment is less sensitive to internal liquidity. -- Research and development ; liquidity constraints ; innovation …
Persistent link: https://www.econbiz.de/10003881344
This paper examines the determinants of innovation and the role of innovation in productivity growth, shifts in market … share and survival in the Canadian manufacturing sector. The paper presents a model that examines the effect of innovation … plant performance both before and after the introduction of an innovation. We find strong evidence that labour productivity …
Persistent link: https://www.econbiz.de/10014208748
Le present document decrit les constatations tirees d'un programme de recherche visant a souligner l'importance des competences qui decoulent des investissements dans l'actif incorporel pour le processus de croissance des entreprises. Le programme comportait deux parties. Premierement, des bases...
Persistent link: https://www.econbiz.de/10005129482
This paper summarizes the findings of a research program aimed at outlining the importance to the firm growth process of competencies that arise from investments in intangible assets. The program has consisted of two parts. First, longitudinal databases have provided a rich set of studies on...
Persistent link: https://www.econbiz.de/10005695637
existence of complementarity. We use our empirical methodology to analyze complementarity between innovation activities … external knowledge acquisition are complementary innovation activities, but that the degree of complementarity is sensitive to … research centers as an information source for the innovation process--as an important contextual variable affecting …
Persistent link: https://www.econbiz.de/10009204237
required for the Accounts should incorporate a broad range of science-based innovation costs and that this broader R&D concept …. If all science-based innovation expenditures are to be capitalized, GDP will increase. But it appears that Canada …'s innovation system is directed more towards non-R&D science-based expenditures than the innovation systems of many other countries …
Persistent link: https://www.econbiz.de/10005523567
La presente etude traite des facteurs qui influent sur la decision de l'entreprise de former le personnel a la lumiere des donnees de plusieurs enquetes recentes de Statistique Canada, qui portaient sur l'utilisation des technologies de pointe dans les entreprises de fabrication canadiennes....
Persistent link: https://www.econbiz.de/10005523575
This paper presents estimates of intangible investment in Canada for the purpose of innovation, advertising and …
Persistent link: https://www.econbiz.de/10008514725