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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
developments at the firm level, the topic of design innovation has not been linked to the open innovation concept yet. In this … Innovation ; Product Market Performance …
Persistent link: https://www.econbiz.de/10003893121
CEOs, managers and non-managerial employees’ ideas enhances small firms’ innovation performance. A Heckman selection model … innovation performance. However, contributions depend heavily on the individuals’ area of expertise and on whether product or … process innovation is desired. Our findings enrich the current view on the entrepreneurial team, but also warn against the …
Persistent link: https://www.econbiz.de/10009509658
CEOs, managers and non-managerial employees' ideas enhances small firms' innovation performance. A Heckman selection model … innovation performance. However, contributions depend heavily on the individuals' area of expertise and on whether product or … process innovation is desired. Our findings enrich the current view on the entrepreneurial team, but also warn against the …
Persistent link: https://www.econbiz.de/10013103685
CEOs, managers and non-managerial employees' ideas enhances small firms' innovation performance. A Heckman selection model … innovation performance. However, contributions depend heavily on the individuals' area of expertise and on whether product or … process innovation is desired. Our findings enrich the current view on the entrepreneurial team, but also warn against the …
Persistent link: https://www.econbiz.de/10013091490
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
&D effort and ultimately for improving its performance through innovation. Originality/value – While there is a well …
Persistent link: https://www.econbiz.de/10008489493
Persistent link: https://www.econbiz.de/10001340204