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Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments. Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....
Persistent link: https://www.econbiz.de/10010299174
The fact that Europe is lagging behind in comparison with its main competitors in the research and innovation … finally the follow-up communication of the Commission presenting a broad-based innovation strategy for the EU. …
Persistent link: https://www.econbiz.de/10010322154
Integrating the impact of resources and institutional factors, this study compares and contrasts the dynamic relationships between product diversification, business group affiliation and firm performance in two major economies in Asia. India and Japan have been chosen as they represent different...
Persistent link: https://www.econbiz.de/10011807671
In 2010 China was the world's fourth largest filer of patent applications. This followed a decade of unprecedented increases in investment in skills and Research and Development. If current trends continue China could rank first in the very near future. We provide evidence that the growth in...
Persistent link: https://www.econbiz.de/10010331029
essential role in transforming their national innovation systems so that they can be more adaptable to economic development. The … innovation activities. Balancing import of technology and indigenous R&D effort is another major theme. Innovation capability … influence on choice of innovation at the firm level, i.e., the decision at firm level in terms of indigenous R&D or import of …
Persistent link: https://www.econbiz.de/10010284745
innovation and firm performance. Based on the industrial economics literature and the optimisation model, R&D competition, R … innovation compared with R&D competition. However, profit-maximising firms do not prefer the R&D competition strategy. They … with respect to the firm's investment in R&D. The social cost of R&D cartelisation is a loss of product innovation, and the …
Persistent link: https://www.econbiz.de/10012061499
Despite the increasing global integration of economic activities, technological specialisations of national innovation … systems and comparative strengths associated thereby only change slowly. Germany and Japan, whose innovation systems similarly …. This originates from the path-dependent development of innovation systems and resultant complementary institutional …
Persistent link: https://www.econbiz.de/10010377835
We investigate the effects of R&D investment on performance outcomes (sales growth and relative profitability) for Indian manufacturing firms. Previous research shows contradictory results - while some studies find a positive effect of R&D on firm performance, some find that firms investing in...
Persistent link: https://www.econbiz.de/10011789765
Bavarian State Government. The purpose of the initiative was to create a Bavarian-wide innovation network in support of state … the likelihood of innovation by a firm in the targeted industry by 4 to 7 percentage points. However, this effect is …
Persistent link: https://www.econbiz.de/10010264488
Bavarian State Government. The purpose of the initiative was to create a Bavarian-wide innovation network in support of state … the likelihood of innovation by a firm in the targeted industry by 4 to 7 percentage points. However, this effect is …
Persistent link: https://www.econbiz.de/10010266681