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This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...
Persistent link: https://www.econbiz.de/10003301146
the innovation process. Markets with high competition also force enterprises to produce imitative innovations but give …
Persistent link: https://www.econbiz.de/10011448648
This paper analyzes the importance of equity finance for the Ramp;D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we...
Persistent link: https://www.econbiz.de/10012709829
considerations, the focus is on the share of internal funds, bank loans and subsidies on the volume of innovation expenditure …
Persistent link: https://www.econbiz.de/10012977600
realization of an environmental product and a process innovation, indeed only compared with the realization of no environmental … innovation …
Persistent link: https://www.econbiz.de/10014071458
studies, the focus is on the proportion of bank credits and internal funds as parts of innovation expenditures. The regression … showing high R&D intensity also use bank credits as financial sources for innovation only to a limited extent. As a result of …
Persistent link: https://www.econbiz.de/10013075216
This paper analyses the determinants of employment reactions of firms when environmental innovations have been carried out. It differentiates hereby between employment increases and decreases. The data stem from a telephone survey covering more than 1500 firms in five European countries that...
Persistent link: https://www.econbiz.de/10011445814
und Innovation: Theoretische und empirische Grundlagen: Theoretische Grundlagen; Empirische Untersuchungen.- Fallstudien …
Persistent link: https://www.econbiz.de/10000683065
Persistent link: https://www.econbiz.de/10001374999
In the long-run, innovation performance has weakened somewhat in German small and me-dium enterprises (SMEs). In …&D). In order to remove the innovation barriers in these SMEs, public policy may play an important role. The empirical … analysis reveals that less R&D-oriented SMEs are indeed more likely to face a number of constraints in their innovation …
Persistent link: https://www.econbiz.de/10011480698