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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
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
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
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
Systemic innovation theory emphasizes that innovations are the result of an interdependent exchange process between … different organizations. This is reflected in the current paradigm in European innovation policy, which aims at the support of … collaborative R&D and innovation projects bringing together science and industry. Building on a large data set using project …
Persistent link: https://www.econbiz.de/10010271404
In the following paragraphs we will discuss the ?mapping of innovative clusters in national innovation systems?. For … Innovation Survey (which is comparable with CIS data). The Community Innovation Survey (CIS) is an initiative of the EU … innovation systems, highlight the outline conditions for innovations in Germany, focusing above all on the basis of innovations …
Persistent link: https://www.econbiz.de/10010297603
The paper deals with the significant impact of location on innovation activity that has been found in many empirical … of these issues the concept of a regional innovation system is presented in some detail and an overview of results from … recent research on regional innovation systems is given. The paper then discusses basic policy options and names a number of …
Persistent link: https://www.econbiz.de/10010305665