We estimate the effect of R&D spillovers on sales realized by products new to the firm (imitation) and new to the market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and research institutions enhance original innovation.

Der Beitrag untersucht die Rolle, die Intermediäre im Transfer zwischen Wissenschaft und Wirtschaft einnehmen, und schließt mit Empfehlungen, durch welche Schritte die Effektivität und Effizienz der Arbeit von intermediären Einrichtungen erhöht werden könnte.

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....

In dieser Arbeit werden die verschiedenen Anreize für Manager zur Durchführung von Innovationsprojekten im Vergleich zu denjenigen von Unternehmenseignern untersucht. Für einen Manager bestehen gegenläufige Anreize Innovationen intensiver oder weniger intensiv zu verfolgen als Eigner....

This paper explores the contribution of design activities on product market performance of Belgian companies. While there is mounting evidence that design can be seen as a strategic tool to successfully spur sales of new product developments at the firm level, the topic of design innovation has...

The concept of knowledge has gained in interest since industrialized economics have induced a shift in importance from labor, capital and natural resources towards intellectual resources. This study investigates how the management of knowledge influences the innovation performance of a firm....

This article analyzes the potential benefits of industry-science collaborations for samples of Flemish and German firms. A firm collaborating with science may benefit from knowledge spillovers and public subsidies as industry-science collaborations are often granted preferred treatment. I shed...