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Financial Constraint and R&D Investment: Evidence from CIS
Mohnen, Pierre; Tiwari, Amaresh; Palm, Franz; Schim van … - United Nations University-Maastricht Economic Research … - 2007
Using direct information on financial constraints from questionnaires, rather than the commonly used balance sheet information, this paper presents evidence that, controlling for traditional factors as size, market share, cooperative arrangement, and expected profitability, financial constraints...
Persistent link: https://www.econbiz.de/10010856400
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Effectiveness of R&D Tax Incentives in Small and Large Enterprises in Quebec
Baghana, Rufin; Mohnen, Pierre - United Nations University-Maastricht Economic Research … - 2009
In this paper we evaluate the effectiveness of R&D tax incentives in Quebec, using manufacturing firm data from 1997 to 2003 originating from R&D surveys, annual surveys of manufactures and administrative data. The estimated price elasticity of R&D is -0.10 in the short run and -0.14 in the long...
Persistent link: https://www.econbiz.de/10010712033
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Do R&D tax incentives lead to higher wages for R&D workers? Evidence from the Netherlands
Lokshin, Boris; Mohnen, Pierre - United Nations University-Maastricht Economic Research … - 2012
This paper examines the impact of the Dutch R&D tax incentive scheme on the wages of R&D workers. We construct firm specific R&D tax credit rates that vary over time following variations in the Dutch R&D tax incentive program. Using instrumental variables we estimate a wage-sharing model with an...
Persistent link: https://www.econbiz.de/10010712159
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Financial Constraint and R&D Investment: Evidence from CIS
Mohnen, Pierre; Tiwari, Amaresh; Palm, Franz; Schim van … - United Nations University, Maastricht Economic and … - 2007
Using direct information on financial constraints from questionnaires, rather than the commonly used balance sheet information, this paper presents evidence that, controlling for traditional factors as size, market share, cooperative arrangement, and expected profitability, financial constraints...
Persistent link: https://www.econbiz.de/10005795832
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Effectiveness of R&D Tax Incentives in Small and Large Enterprises in Quebec
Baghana, Rufin; Mohnen, Pierre - United Nations University, Maastricht Economic and … - 2009
In this paper we evaluate the effectiveness of R&D tax incentives in Quebec, using manufacturing firm data from 1997 to 2003 originating from R&D surveys, annual surveys of manufactures and administrative data. The estimated price elasticity of R&D is -0.10 in the short run and -0.14 in the long...
Persistent link: https://www.econbiz.de/10005150861
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Product, process and organizational innovation: drivers, complementarity and productivity effects
Polder, Michael; Leeuwen, George van; Mohnen, Pierre; … - United Nations University-Maastricht Economic Research … - 2010
We propose a model where both R&D and ICT investment feed into a system of three innovation output equations (product …, process and organizational innovation), which ultimately feeds into a productivity equation. We find that ICT investment and … usage are important drivers of innovation in both manufacturing and services. Doing more R&D has a positive effect on …
Persistent link: https://www.econbiz.de/10010712242
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Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing
Raymond, Wladimir; Mairesse, Jacques; Mohnen, Pierre; … - CESifo - 2013
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …
Persistent link: https://www.econbiz.de/10010670799
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Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing
Raymond, Wladimir; Mairesse, Jacques; Mohnen, Pierre; … - 2013
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …
Persistent link: https://www.econbiz.de/10010317010
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Product, process and organizational innovation: drivers, complementarity, and productivity effects
Polder, Michael; Van Leeuwen, George; Mohnen, Pierre; … - Volkswirtschaftliche Fakultät, … - 2010
We propose a model where both R&D and ICT investment feed into a system of three innovation output equations (product …, process and organizational innovation), which ultimately feeds into a productivity equation. We find that ICT investment and … usage are important drivers of innovation in both manufacturing and services. Doing more R&D has a positive effect on …
Persistent link: https://www.econbiz.de/10008534260
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Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing
Raymond, Wladimir; Mairesse, Jacques; Mohnen, Pierre; … - Centre Interuniversitaire de Recherche en Analyse des … - 2013
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …
Persistent link: https://www.econbiz.de/10011183685