Showing 1 - 10 of 153
It is known that small firms rely mainly on the CEO's individual knowledge for developing innovations. Recent work suggests that this approach is inefficient since it underutilizes other employees' knowledge. We study to which extent using CEOs, managers and non-managerial employees' ideas...
Persistent link: https://www.econbiz.de/10013091490
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/10014212178
use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the …
Persistent link: https://www.econbiz.de/10012709829
This study tests for financial constraints on Ramp;D investment and how they differ from capital investment. To identify constraints in the access to external capital, we employ a credit rating index. Our models show that internal constraints, measured by mark-ups, are more decisive for Ramp;D...
Persistent link: https://www.econbiz.de/10012711028
Hidden Champions (HCs) are firms unknown to the wider public, but global leaders in the niche markets they serve. This paper looks at distinctive features of these firms, focusing on their dynamic capabilities. Employing a unique data base on German firms, we identify a representative sample of...
Persistent link: https://www.econbiz.de/10012871346
performance of small and medium-sized enterprises (SMEs). We evaluate the effectiveness of regional, national and European funding … a significant positive effect on SMEs' export performance. For funding programs run by regional authorities, we find … results suggest that public innovation programs should challenge SMEs to go for more ambitious innovations in order to …
Persistent link: https://www.econbiz.de/10012978291
This paper investigates the drivers and the effects of the internationalisation of innovation activities in SMEs based … important for international innovation activities of SMEs. Fierce home market competition turns out to be rather an obstacle …
Persistent link: https://www.econbiz.de/10014216008
Persistent link: https://www.econbiz.de/10013069881
This study examines whether staged project management is beneficial or harmful for making product innovations. Using a unique firm survey for Japan, we find that firms that employed staged project management had a higher likelihood of introducing new products to the market. Additional...
Persistent link: https://www.econbiz.de/10014356051
We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive impact on incremental innovations. This impact is largely independent of the participation in R&D cooperations. Spillovers exert no such independent influence on drastic...
Persistent link: https://www.econbiz.de/10014027138