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We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...
Persistent link: https://www.econbiz.de/10010712138
include ICT investment and R&D as the two main inputs of innovation and productivity. We find that R&D and ICT are both … strongly associated with innovation and productivity, with R&D being more important for innovation and ICT for productivity. We … explore their possible complementarity in innovation and production but find none, although there is complementarity between R …
Persistent link: https://www.econbiz.de/10011099695
The paper, largely based on the introduction to Dosi (2012), elaborates on the main interpretative ingredients, methodology and challenges ahead of the evolutionary research program in economics. Telegraphically, such a perspective attempts to understand a wide set of economic phenomena -...
Persistent link: https://www.econbiz.de/10010551524
This paper analyzes whether firms conducting internal R&D and acquiring external high-tech equipment experience a complementarity effect. For German CIS data we conduct a complete set of indirect and direct complementarity tests refining the analysis by looking at various types of innovations...
Persistent link: https://www.econbiz.de/10010934890
uncertainty and innovation-driven competition among firms. In this work we survey the state-of-the-art in the analysis of such … evolutionary processes. We start by asking whether there are some invariances in the knowledge structure and in the ways … technological knowledge accumulates and, together, what distinguishes different fields and different periods of technological …
Persistent link: https://www.econbiz.de/10010950507
importance of employee training practices undertaken in firms as an important tool for human resource and knowledge management … establishment data on various aspects of training practices and innovation activities in Germany, the paper examines the degree … works councils as an instrument for a firm's total training activities that correlate with innovation, and weak support when …
Persistent link: https://www.econbiz.de/10010884480
literature. We discuss if lock-ins are really inescapable, especially when innovation is concerned. Also, we address the question …
Persistent link: https://www.econbiz.de/10011580459
Earlier studies have shown that entrepreneurs play a key role in shaping regional development. Innovator networks where these entrepreneurs are members of have been identified as one among many critical factors for their firms' success. This paper intents to go one step further and analyses in...
Persistent link: https://www.econbiz.de/10011580462
One lesson of the Great Recession has been that countries with higher shares of industry in their GDP seemed to be less affected by the crisis. Consequently, the call for an industrial renaissance has become stronger. Industrial policy has now become a top priority in countries where it was not...
Persistent link: https://www.econbiz.de/10011282642
This paper is concerned with the relationship between innovative success of entrepreneurs and their prior knowledge at … evidence that the innovative success subsequent to firm formation is enhanced by entrepreneur's prior technological knowledge … but not by prior market and organizational knowledge. Moreover we find that prior technological knowledge gathered through …
Persistent link: https://www.econbiz.de/10010263810