This document provides clarifications and guidance for researchers seeking to replicate the analyses in our paper. This is important as we identified some items in the published text and the code where additional clarity would be helpful. While none of these affect our substantive conclusions,...

This paper develops a dynamic model in which the productivity of joint research governs strategic investment timing in innovation races. Departing from the standard assumption that discovery rates scale proportionally with the number of active firms, we allow research to exhibit decreasing or...

Competitive public research funding is an important policy instrument to foster scientific progress. The effective design of such funding schemes and whether they generate knowledge spillovers to industrial inventions, however, remains debated. In this paper, we investigate the impacts of...

This paper examines the relationship between innovation performance and international export competitiveness in four EU countries-Germany, Italy, Czechia, and Slovakia-during the period 2015-2024. The primary objective is to identify the relationship between the number of patent applications to...

This paper develops a transparent, simplified version of Carnehl and Schneider (2025)'s model of knowledge creation. Our tractable framework, which yields closed-form solutions for key welfare trade-offs, preserves the essential economic mechanisms while eliminating mathematical complexity. We...

We find that patents registered by multinational enterprises (MNEs) in tax havens help avoid taxes in the EU but fail to increase the total factor productivity (TFP) of EU-located group members. We conclude that many of those patents' prime purpose is not to make technology available and then...

We present a new dynamic model of corporate investment in imperfectly-competitive product markets, extending the neoclassical (Q) theory of capital to a multi-firm, multi-product, fullystructural model. Our model embeds a state-of-the-art hedonic demand system, endogenizes firms' markups and...

Green investment has emerged as a crucial tool for sustainable development, but its determinants across heterogeneous regional contexts remain inadequately understood. This study examines determinants of green investment across Chinese provinces, focusing on R&D intensity, pollution control...

We investigate the impact of mergers on R&D incentives within a framework of R&D competition where effort can influence both the probability of innovation and the payoff conditional on success. Our framework nests the results of two classes of existing models and reveals assumptions that are...

Micro, small and medium enterprises (MSMEs) account for most Welsh creative industries (CIs), positioning them as the main contributors to the sector's development. Despite the documented progress of the industry, there continue to be barriers hampering the engagement of MSMEs in research,...

The empirical literature comparing the innovation performance of state-owned enterprises (SOEs) and private firms in China often yields conflicting results. To shed new light on this debate, we construct an extensive dataset by linking the Annual Survey of Industrial Enterprises (ASIE) dataset...

Purpose - It is widely acknowledged that the ability of a firm to develop and exploit their innovative capabilities is a critical determinant that maintains their competitive advantage. The purpose is to evaluate the research and development (R&D) inputs and outcomes on the performance of firms...

As part of the confirmation hearings process, Commissioner-designate Ekaterina Zaharieva responded in writing to questions posed by Parliament and appeared before the ITRE committee on 5 November 2024 to answer further questions from MEPs belonging to the committee, as well as from the Chair of...

Despite the potential significant benefits of AI in health and particular in healthcare, its uptake is slow. Main barriers include trust issues, understandability of outputs and patient safety concerns. While "trustworthy AI" has been embraced as a policy programme by various global regions,...

As part of the confirmation hearings process, Commissioner-designate Ekaterina Zaharieva responded in writing to questions posed by Parliament and appeared before the ITRE committee on 5 November 2024 to answer further questions from MEPs belonging to the committee, as well as from the Chair of...

We explore the association between signaling and conducting innovation collaborations with public research organizations and firms’ revenues from firm and market novelties. Based on data from the German Community Innovation Survey 2023 and web-based indicators, firms conducting collaboration...

This paper provides an integrated analysis of multinational companies’ global production and innovation. We establish novel stylized facts using rich data on the network of production affiliates and patent activity of German multinationals. We rationalize these facts with a heterogeneous-firm...

The paper evaluates the impact of the European Commission's Seventh Framework Programme (FP7) grants on profit‐oriented firms' post‐treatment performance. Using a quasi‐experimental design and a dataset covering applicants from 46 countries, we find that FP7 grants increase firms' sales...

Technological advancements are forcing firms to innovate quickly to sustain a competitive advantage. However, despite theoretical arguments and empirical findings, the mechanisms that influence the speed of innovation and firms' international performance are surprisingly unexplored in the...

This study examines the relationship between immigration and firmlevel innovation in the Finnish manufacturing sector. The analysis leverages unique matched data, including employees' immigration status, firm-level patenting, process and product innovation activities, and innovation inputs...

This study examined the personal traits that contribute to the success of corporate science projects in Peru by focusing on the roles of CEOs, scientists, and innovators. Although Peru has seen economic progress in recent decades, integrating scientific research into business strategies requires...

How to motivate enterprises to formulate green technology (GT) innovation is crucial for promoting green development and minimizing pollution control costs. This research employs a quasi-experimental approach to analyze the impact of environmental tax reform (ETR) on corporate innovation...

Innovation is a key catalyst for born global firms (BGs) to enter international markets. However, resource-constrained BGs face significant challenges in overcoming resource limitations during innovation and rapid internationalization. An open innovation ecosystem (OIE) offers a cost-effective...

Using the firm-level data, this paper investigates the impact of Foreign Direct Investment in Research and Development (FDI-R&D) on firms' innovation output in the Indian context during 2010-2020. We hypothesize that foreign investment brings intangible knowledge about the recent technological...