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explore their possible complementarity in innovation and production but find none, although there is complementarity between R … 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 …
Persistent link: https://www.econbiz.de/10011099695
Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation … enhances the likelihood of having both process and product innovation. Both these kinds of innovation have a positive impact on …
Persistent link: https://www.econbiz.de/10005011990
We analyze the effect of patent thickets on entry into technology areas by firms in the UK. We present a model that describes incentives to enter technology areas characterized by varying technological opportunity, complexity of technology, and the potential for hold‐up in patent thickets. We...
Persistent link: https://www.econbiz.de/10011447108
Persistent link: https://www.econbiz.de/10011449645
Persistent link: https://www.econbiz.de/10012309590
Evidence on the “funding gap” for investment innovation is surveyed. The focus is on financial market reasons for …
Persistent link: https://www.econbiz.de/10014025162
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …
Persistent link: https://www.econbiz.de/10008615253
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …
Persistent link: https://www.econbiz.de/10010856381
Evidence on the "funding gap" for R&D is surveyed. The focus is on financial market reasons for underinvestment in R&D that persist even in the absence of externality-induced underinvestment. The conclusions are that 1) small and new innovative firms experience high costs of capital that are...
Persistent link: https://www.econbiz.de/10010843286
Persistent link: https://www.econbiz.de/10010843287