Determining the research and development (R&D) boundaries of the firm as the choicebetween internal, collaborative and external technology acquisition has since long been amajor challenge for firms to secure a continuous stream of innovative products or processes.While research on R&D...

In dieser Arbeit werden die verschiedenen Anreize für Manager zur Durchführung von Innovationsprojekten im Vergleich zu denjenigen von Unternehmenseignern untersucht. Für einen Manager bestehen gegenläufige Anreize Innovationen intensiver oder weniger intensiv zu verfolgen als Eigner....

This paper is a contribution to the empirical literature on R&D cooperation. It explores the variables that determine a firm s R&D collaborative expenditure by means of a sample of Italian firms. A tobit model, adjusted for heteroscedasticity and non-normality (Inverse Hyperbolic Sin...

This work explores the roles of potential simultaneity and heterogeneity in determining firms decisions to engage in R&D collaboration, using a sample of Italian manufacturing firms. Partnerships with other firms, research institutions, universities and other small centres are considered jointly...

This paper analyzes how different innovation-strategies of incumbent firms affect the quality of their entrepreneurial spawns. Using a novel data set that combines employer-employee micro data from Sweden with firm level patent application data files for the period 1997-2008, three types of...

Recent developments in the new international trade theory stressed the relationship between firm heterogeneity and internationalization performance. The key prediction of these models is that firms with different levels of productivity - the main source of firm heterogeneity - will generally...

This work explores the roles of potential simultaneity and heterogeneity in determining firms’ decisions to engage in R&D collaboration, using a sample of Italian manufacturing firms. Collaboration with other firms, research institutions, universities and other small centres are considered...

This paper explores the effects of R&D commercial subsidies by means of a model of firms’ decisions about performing R&D when some government support can be expected. To estimate the parameters of interest we use an unbalanced panel sample of 1,800 performing and non-performing Spanish...

It is well known that in most industries a significant proportion of firms do not perform innovative activities. Although empirical studies on the determinants of R&D often have taken this fact into account by considering the dependent variable as a censured one, there is not an explicit...

his paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity involves risk. On the one hand, the risk of firm owners is limited if their liability is limited. On the other hand, credits will be more difficult to receive if liability is limited....