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The Importance of Equity Finance for R&D Activity: Are There Differences Between Young and OldCompanies?
Zimmermann, Volker; Mueller, Elisabeth - 2007
This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...
Persistent link: https://www.econbiz.de/10010298015
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Drivers and Effects of Internationalising Innovation by SMEs
Schmiele, Anja; Rammer, Christian - 2008
This paper investigates the drivers and the effects of the internationalisation of innovation activities in SMEs based … on a large data set of German firms covering the period 2002-2007. We look at different stages of the innovation process … resources, home market competition and innovationrelated location advantages for an SME's decision to engage in innovation …
Persistent link: https://www.econbiz.de/10010298045
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The Knowledge Production of 'R' and 'D'
Thorwarth, Susanne; Kraft, Kornelius; Czarnitzki, Dirk - 2008
Many studies investigate the relationship between R&D expenditures as an input and patents as an intermediate product or output of a knowledge production function. We suggest that the productivity of research in patent production functions has been underestimated in the literature, as scholars...
Persistent link: https://www.econbiz.de/10010298057
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The link between firm-level innovation and aggregate productivity growth: a cross-country examination
Heshmati, Almas; Lööf, Hans - 2003
This paper investigates whether failure in innovation at the firm level can account for cross-country heterogeneity in …, differs in a number of ways from much of the previous cross-country comparisons on the relationship between innovation and … productivity using firm-level data. First, a broader definition of innovation input is used in which research and development is …
Persistent link: https://www.econbiz.de/10010298125
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Managing Search Strategies for Open Innovation: The Role of Environmental Munificence as well as Internal and External R&D
Sofka, Wolfgang; Grimpe, Christoph - 2008
Firms compete increasingly in an open innovation environment. Search strategies for external knowledge become therefore … are built through internal or external R&D activities) and the munificence of its innovation environment. We test these … its breadth. Moreover, we find that scarce innovation environments favor deep search strategies while breadth is more …
Persistent link: https://www.econbiz.de/10010298652
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Drivers and Effects of Internationalising Innovation by SMEs
Rammer, Christian; Schmiele, Anja - 2008
This paper investigates the drivers and effects of the internationalisation of innovation activities in SMEs based on a … large data set of German firms covering the period 2002-2007. We look at different stages of the innovation process (R …, home market competition and innovationrelated location advantages for an SME's decision to engage in innovation activities …
Persistent link: https://www.econbiz.de/10010298676
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ICT, Consulting and Innovative Capabilities
Cerquera Dussán, Daniel - 2008
affects negatively the value of the introduced product and processes innovation. Second, the theoretical model suggests that …
Persistent link: https://www.econbiz.de/10010298709
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Specialized search and innovation performance: evidence across Europe
Sofka, Wolfgang; Grimpe, Christoph - 2009
known about how the direction of search strategies influences innovation performance. In this paper, we argue that firms … that being open for innovation generally pays off. However, both moderating factors have a crucial role to play: On the one … novel knowledge and to enhance innovation performance. We develop targeted management recommendations based on these results. …
Persistent link: https://www.econbiz.de/10010298788
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The design paradox: the contribution of in-house and external design activities on product market performance
Czarnitzki, Dirk; Thorwarth, Susanne - 2009
developments at the firm level, the topic of design innovation has not been linked to the open innovation concept yet. In this …
Persistent link: https://www.econbiz.de/10010299461
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The importance of equity finance for R&D activity: are there differences between young and oldcompanies?
Mueller, Elisabeth; Zimmermann, Volker - 2008
This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...
Persistent link: https://www.econbiz.de/10010299462