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Measuring the Returns to R&D
Hall, Bronwyn H.; Mairesse, Jacques; Mohnen, Pierre - United Nations University, Maastricht Economic and … - 2010
We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...
Persistent link: https://www.econbiz.de/10008630002
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Product, Process and Organizational Innovation: Drivers, Complementarity and Productivity Effects
Polder, Michael; Leeuwen, George van; Mohnen, Pierre; … - DRUID, Copenhagen Business School, Department of … - 2010
We propose a model where both R&D and ICT investment feed into a system of three innovation output equations (product …, process and organizational innovation), which ultimately feeds into a productivity equation. We find that ICT investment and … usage are important drivers of innovation in both manufacturing and services. Doing more R&D has a positive effect on …
Persistent link: https://www.econbiz.de/10008678793
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Microeconometric evidence of financing frictions and innovative activity
Tiwari, Amaresh K.; Mohnen, Pierre; Palm, Franz C.; … - United Nations University-Maastricht Economic Research … - 2012
Using a unique panel data of Dutch innovation and financial variables we empirically investigate how financing and … innovation vary across firm characteristics. The study also tries to gauge the extent of market failure due to the presence of …, debt financing and innovation choices are not independent of firm characteristics such as age, size, and existing leverage …
Persistent link: https://www.econbiz.de/10010856360
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Financial Constraints and Other Obstacles: Are they a Threat to Innovation Activity?
Mohnen, Pierre; Palm, Franz; Schim van der Loeff, Sybrand; … - United Nations University-Maastricht Economic Research … - 2008
In this paper we examine the importance of financial and other obstacles to innovation in the Netherlands using … statistical information from the CIS 3.5 innovation survey. We report results on the effect of these obstacles on the firms …
Persistent link: https://www.econbiz.de/10010856425
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Complementarity between internal knowledge creation and external knowledge sourcing in developing countries
Hou, Jun; Mohnen, Pierre - United Nations University-Maastricht Economic Research … - 2013
In developing countries, innovation is to a large extent a matter of adoption of advanced technologies but also of …
Persistent link: https://www.econbiz.de/10010856490
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Microeconometric Evidence of Financing Frictions and Innovative Activity
Tiwari, Amaresh K.; Mohnen, Pierre; Palm, Franz; Loeff, … - CESifo - 2014
Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …
Persistent link: https://www.econbiz.de/10010743448
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Measuring the Returns to R&D
Hall, Bronwyn H.; Mairesse, Jacques; Mohnen, Pierre - United Nations University-Maastricht Economic Research … - 2010
We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...
Persistent link: https://www.econbiz.de/10010712138
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Innovative Sales, R&D and Total Innovation Expenditures:Panel Evidence on their Dynamics
Raymond, Wladimir; Mohnen, Pierre; Palm, Franz; Schim … - United Nations University-Maastricht Economic Research … - 2009
This paper studies the dynamic relationship between input and output of innovation in Dutch manufacturing using an … unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum … persistence of innovation input and innovation output, a lag effect of the former on the latter and a feedback effect of the …
Persistent link: https://www.econbiz.de/10010712181
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What drives productivity in Tanzanian manufacturing firms: technology or institutions?
Goedhuys, Micheline; Janz, Norbert; Mohnen, Pierre - United Nations University-Maastricht Economic Research … - 2006
the importance of technological variables - such as R&D, education and training, innovation, foreign ownership, licensing …
Persistent link: https://www.econbiz.de/10010712213
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FDI, R&D and Innovation Output in the Chinese Automobile Industry
Chen, Fang; Mohnen, Pierre - United Nations University-Maastricht Economic Research … - 2009
interrelationships between, innovation input and innovation output, and in particular whether FDI had any influence on these two aspects … of innovation. A generalized tobit model will be estimated for both R&D and the share of innovative sales for 2002 …
Persistent link: https://www.econbiz.de/10010712219