Showing 1 - 10 of 196
is based on German CIS data and a supplemental telephone survey. Using a nearest-neighbour matching approach we find that …
Persistent link: https://www.econbiz.de/10005098293
and medium-sized firms (SMEs). While there is little doubt about the significance of technology competence for generating … successful innovations, inhouse R&D activities may be a particular challenge for SMEs due to high risk exposure, high fixed costs …, high minimum investment and severe financial constraints. SMEs may thus opt for refraining from R&D and relying more on …
Persistent link: https://www.econbiz.de/10005097673
is based on German CIS data and a supplemental telephone survey. Using a nearest-neighbour matching approach we find that …
Persistent link: https://www.econbiz.de/10005097549
This paper presents microeconometric evidence on financing con-traints for research and development activities in German small and medium?sized firms (SME). Special attention is paid to the role of public R&D subsidies. For this purpose SME in Western and East-ern Germany are compared because...
Persistent link: https://www.econbiz.de/10005098138
This paper explores the impact of R&D subsidies on the concentration of R&D in an economy. First, governments are often criticized of subsidizing predominantly larger firms and thus contribute to persistence of leadership in markets and higher barriers to entry, and, hence, reduced competition...
Persistent link: https://www.econbiz.de/10008756431
This study investigates the allocation of China's R&D subsidies and its effectiveness in stimulating firms' own R&D investments for the population of Chinese listed firms throughout the time period 2001 to 2006. For allocation, we find that firm participation is determined by prior grants, high...
Persistent link: https://www.econbiz.de/10011097462
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...
Persistent link: https://www.econbiz.de/10010957591
The ability of firms to establish R&D collaborations that combine resources, exploit complementary know-how, and internalize R&D externalities has been shown to be of high importance for the successful creation and implementation of new knowledge. We argue in this article that collaborative R&D...
Persistent link: https://www.econbiz.de/10010957620
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/10008533548
In the following paragraphs we will discuss the ?mapping of innovative clusters in national innovation systems?. For this we have used a data set of almost 3.000 firms that participated in the first and fifth survey of the Mannheimer Innovation Survey (which is comparable with CIS data). The...
Persistent link: https://www.econbiz.de/10005097944