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that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …
Persistent link: https://www.econbiz.de/10010230889
being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates the …
Persistent link: https://www.econbiz.de/10010231657
that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …
Persistent link: https://www.econbiz.de/10013034374
being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates the …
Persistent link: https://www.econbiz.de/10014149710
This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of …. If they selected additional innovation projects, they must have had some unexploited investment opportunities that were … not profitable using more costly external finance. We attribute constraints for innovation not only to lacking financing …
Persistent link: https://www.econbiz.de/10010310988
In this paper, we describe the historical co-evolution of innovation and economic growth in Germany since 1871. The … country's rise as an industrial power in the late 19th century, through its innovation and entrepreneurial performance, is … nevertheless a period during which innovation went into relative decline. We document this decline and offer four broad …
Persistent link: https://www.econbiz.de/10012440279
Technological innovation has historically contributed to inclusive economic growth in Germany. In more recent decades …, however, this contribution has weakened due to the declining impact of technological innovation on labor productivity growth … technological innovation to raise labor productivity. This paper identifies three reasons why technological innovation has become …
Persistent link: https://www.econbiz.de/10011772201
We describe Germany's rise as an industrial power in the late 19th century through radical innovation and … miracle, was nevertheless a period during which innovation slowed down - a somewhat surprising conclusion, but consistent with … innovation indicators, and offer four broad, interrelated explanations in a historical context: (i) the innovation system is …
Persistent link: https://www.econbiz.de/10013414364
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 study presents a novel empirical approach to identify financing constraints for innovation based on the idea of an … alternatives of use. If they choose additional innovation projects they must have had some unexploited investment opportunities … attribute constraints for innovation not only to lacking financing, but also to firms' innovative capability. Econometric …
Persistent link: https://www.econbiz.de/10010299835