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Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments. Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....
Persistent link: https://www.econbiz.de/10010299174
This paper characterizes the innovation strategy of manufacturing firms and examines the relation between the … innovation strategy and important industry-, firm- and innovation-specific characteristics using Belgian data from the Eurostat … Community Innovation Survey. In addition to important size effects explaining innovation, we find that high perceived risks and …
Persistent link: https://www.econbiz.de/10005771954
recipients' investment is less sensitive to internal liquidity. -- Research and development ; liquidity constraints ; innovation …
Persistent link: https://www.econbiz.de/10003881344
developments at the firm level, the topic of design innovation has not been linked to the open innovation concept yet. In this … Innovation ; Product Market Performance …
Persistent link: https://www.econbiz.de/10003893121
CEOs, managers and non-managerial employees’ ideas enhances small firms’ innovation performance. A Heckman selection model … innovation performance. However, contributions depend heavily on the individuals’ area of expertise and on whether product or … process innovation is desired. Our findings enrich the current view on the entrepreneurial team, but also warn against the …
Persistent link: https://www.econbiz.de/10009509658
CEOs, managers and non-managerial employees' ideas enhances small firms' innovation performance. A Heckman selection model … innovation performance. However, contributions depend heavily on the individuals' area of expertise and on whether product or … process innovation is desired. Our findings enrich the current view on the entrepreneurial team, but also warn against the …
Persistent link: https://www.econbiz.de/10013103685
CEOs, managers and non-managerial employees' ideas enhances small firms' innovation performance. A Heckman selection model … innovation performance. However, contributions depend heavily on the individuals' area of expertise and on whether product or … process innovation is desired. Our findings enrich the current view on the entrepreneurial team, but also warn against the …
Persistent link: https://www.econbiz.de/10013091490
existence of complementarity. We use our empirical methodology to analyze complementarity between innovation activities … external knowledge acquisition are complementary innovation activities, but that the degree of complementarity is sensitive to … research centers as an information source for the innovation process--as an important contextual variable affecting …
Persistent link: https://www.econbiz.de/10009204237
importance to the study of the innovation process, only recently research has started to attempt to trace researchers …' intersectoral mobility. When looking for ways to improve the transfers from science to innovation, most of the attention in the … universities to innovation based growth, should take a long-term perspective for developing an industry-science eco …
Persistent link: https://www.econbiz.de/10011336735
The use of public procurement to promote private innovation activities has attracted increasing attention recently … to investigate whether this reform stimulated innovation in the business sector. Across a wide set of specifications …
Persistent link: https://www.econbiz.de/10011780862