Showing 11 - 20 of 145
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 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
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/10010327233
Innovation Survey (CIS). The empirical results demonstrate that R&D location matters for profitability. Firms with both domestic …
Persistent link: https://www.econbiz.de/10010304333
This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of … alternatives of use. 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 …
Persistent link: https://www.econbiz.de/10010304814
This paper explores the role of R&D worker mobility on innovation performance. As one main novelty, we employ churning … innovation through inter-firm knowledge spillovers and improved job-match quality up to certain threshold. The point when costs …
Persistent link: https://www.econbiz.de/10008526846
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/10008474671