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associated with their innovation performance. Using a sample of Flemish firms, we show that there exists considerable … heterogeneity in the type of links to science at the firm level. Overall, firms with a science link enjoy superior innovation …
Persistent link: https://www.econbiz.de/10008805011
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/10010957615
Using firm-level data from the German manufacturing sector, we estimate a dynamic, structural model of the firm's decision to invest in R&D and quantify the cost and longrun benefit of this investment. The model incorporates and quantifies linkages between the firm's R&D investment, product and...
Persistent link: https://www.econbiz.de/10010957646
The literature on within-firm organizational change and productivity suggests that firms can make more efficient use of certain technologies if complementary forms of organization are adopted. This issue may be of even greater importance for the case of greenhouse gas (GHG) abatement...
Persistent link: https://www.econbiz.de/10010985629
This article investigates how a firm's financial strength affcts its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from its...
Persistent link: https://www.econbiz.de/10011405121
innovation and employment growth in Germany. The model is tailor-made for analysing firm-level employment effects of innovations … using specific information provided by CIS data. It establishes a theoretical link between employment growth and innovation …
Persistent link: https://www.econbiz.de/10010297395
Extending a recently developed multi-product model and distinguishing between different product and process innovation … activities, this paper reports new results on the relationship between innovation and employment growth in manufacturing and … information provided by CIS data. It establishes a theoretical link between employment growth and innovation output. The …
Persistent link: https://www.econbiz.de/10010298012
This paper examines the diversity of the types of links of firms to science and their effect on innovation performance …, firms with a science link enjoy superior innovation performance, in particular with respect to innovations that are new to …
Persistent link: https://www.econbiz.de/10010298818
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
Recent years have shown a surge of firms globalising their innovation activities in order to gain from international … stronger dispersed international R&D activities hamper or stimulate innovation. Second, we employ two well-established market …-based indicators for innovation (introduction of and sales growth rates due to new products) instead of looking at inventions (patents …
Persistent link: https://www.econbiz.de/10010303802