Showing 1 - 10 of 169
This paper tests a number of hypotheses on the use and effectiveness of patents and trade secrets designed to protect innovation. While previous studies have often considered patents and trade secrets as substitutes for one another, we investigate the complementary role of the two protection...
Persistent link: https://www.econbiz.de/10011539042
This contribution is concerned with the spread of new products in small and medium-sized enterprises in the manufacturing sector. Based on an empirical study it is analyzed according to which factors planned product launches are either genuine market novelties or products that are new from the...
Persistent link: https://www.econbiz.de/10011448648
market success of new products. While we can confirm previous findings in terms of gains for innovation performance, we also …R&D collaboration facilitates pooling of complementary skills, learning from the partner as well as sharing risks and … costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance …
Persistent link: https://www.econbiz.de/10011393147
Monitoring by institutional investors can act as an important mechanism to promote firm innovation. By investigating Chinese listed firms' patenting between 2002 and 2011, we find that the presence of institutional investors enhances firm innovation. Consistent with the monitoring view, we...
Persistent link: https://www.econbiz.de/10011591957
innovation budgets during the most recent economic crisis on firms' post-crisis innovation performance. Based on firm-level panel …
Persistent link: https://www.econbiz.de/10010511218
market success of new products. While we can confirm previous findings in terms of gains for innovation performance, we also …R&D collaboration facilitates pooling of complementary skills, learning from the partner as well as sharing risks and … costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance …
Persistent link: https://www.econbiz.de/10010440100
endogenous investment in R&D is an important mechanism that leads to a divergence in the long-run performance of firms that …
Persistent link: https://www.econbiz.de/10011932163
This article investigates how a firm's financial strength affcts its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from its...
Persistent link: https://www.econbiz.de/10011404565
The theoretical discussion concerning the question whether the incumbent or the (potential) entrant invests more into R&D has attracted considerable interest. This paper reports the results of an empirical study on this question using data of about 3500 German firms over the years 1992 to 1995....
Persistent link: https://www.econbiz.de/10011444512
This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity involves risk. On the one hand, the risk of firm owners is limited if their liability is limited. On the other hand credits will be more difficult to receive if liability is limited....
Persistent link: https://www.econbiz.de/10011444773