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Patents as quality signals? The implications for financing constraints on R&D
Czarnitzki, Dirk; Hall, Bronwyn H.; Hottenrott, Hanna - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014
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
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Collaborative R&D as a strategy to attenuate financing constraints
Czarnitzki, Dirk; Hottenrott, Hanna - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012
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
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The Role of Creative Industries in Industrial Innovation
Trüby, Johannes; Rammer, Christian; Müller, Kathrin - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008
This paper analyses the role of creative industries in affecting an economy's innovation performance. We conducted a … innovative sectors in the economy. They support innovation in a variety of other sectors through creative inputs, such as ideas … for new products (i.e. innovation content), supplementary products and services (such as software) or marketing support …
Persistent link: https://www.econbiz.de/10005097770