recipients' investment is less sensitive to internal liquidity. -- Research and development ; liquidity constraints ; innovation …

The innovation activities of foreign subsidiaries have been identified as an important source of competitive advantage … foreignness). We derive potential stumbling blocks in the innovation process theoretically and argue that these materialize as … innovation activities in Germany from various sectors. We find that foreign-controlled firms are not challenged by liability of …

Firms compete increasingly in an open innovation environment. Search strategies for external knowledge become therefore … are built through internal or external R&D activities) and the munificence of its innovation environment. We test these … its breadth. Moreover, we find that scarce innovation environments favor deep search strategies while breadth is more …

We investigate whether appointing a middle management level affects startups' innovation performance. Additional …

known about how the direction of search strategies influences innovation performance. In this paper, we argue that firms … that being open for innovation generally pays off. However, both moderating factors have a crucial role to play: On the one … novel knowledge and to enhance innovation performance. We develop targeted management recommendations based on these results …

Searching for externally available knowledge has been characterized as a vital part of the innovation process. The … availability of such innovation impulses, however, critically depends on the environment a firm is operating in. Little is known on … how institutional infrastructures for innovation differ with respect to the munificence in providing innovation impulses …

The shift towards more open and interconnected innovation activities has been a major topic of recent academic and … universities, to increase the effectiveness of their innovation activities. Hence, management needs to define search strategies for … that search strategies driven by science, suppliers and the product market will contribute differently to innovation …

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 …