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We investigate the interdependence of debt financing and R&D activities of young firms. Using micro-level data of the KfW/ZEW Start-up Panel, our estimation results show that firm characteristics are more important than personal characteristics of the founders for explaining young firms'...
Persistent link: https://www.econbiz.de/10009403382
The neoclassical model of the production function, as applied by Robert Solow to build the neoclassical model of growth, linked labor and capital to output. More recently, Romer and others have expanded the model to include measures of knowledge capital. In this paper we introduce a new factor,...
Persistent link: https://www.econbiz.de/10005765247
This paper addresses the evolution of biotechnology clusters in Germany between 1996 and 2003, paying particular attention to their respective composition in terms of venture capital, basic science institutions and biotechnology firms. Drawing upon the significance of co-location of "money and...
Persistent link: https://www.econbiz.de/10005785915
Corporate Social Responsibility (CSR) ist in Deutschland in den letzten Jahren groß in Mode gekommen. Dabei ist gesellschaftliche Verantwortung von Unternehmen in Deutschland keineswegs ein neuartiges Phänomen. Im Beitrag wird der Wandel von einer in gesetzlich verbindlichen Regelungen...
Persistent link: https://www.econbiz.de/10008530652
Research and development (R&D) in the field of nanomaterials is expected to be a major driver of innovation and … economic growth. In this respect, many countries, as national systems of innovation, have established support programs offering … national system of innovation, however, implicitly assumes poolability of regional data. We apply our reasoning to Germany …
Persistent link: https://www.econbiz.de/10005030048
Research and development (R&D) in the field of nanomaterials is expected to be a major driver of innovation and … economic growth. In this respect, many countries, as national systems of innovation, have established support programs offering … national system of innovation, however, implicitly assumes poolability of regional data. We apply our reasoning to Germany …
Persistent link: https://www.econbiz.de/10005091126
We examine the evolution of biotechnology clusters in Germany between 1996 and 2003, paying particular attention to their composition in terms of venture capital, basic science institutions, and biotechnology firms. Drawing upon the significance of co-location of “money and ideas”, the...
Persistent link: https://www.econbiz.de/10005736897