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(Community Innovation Surveys) wird gezeigt, dass die deutsche Industrie eine überdurchschnittlich starke Innovationsorientierung …This article investigates to what extent innovation has contributed to the development of employment growth and … exporting in German manufacturing since the beginning of 2000. Using firm-level data from the Community Innovation Surveys in …
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We study different determinants of real-life R&D decisions within a net present value framework. Besides entry threat, Bertrand competition and multi-stage R&D with an abandonment option, our model includes demand uncertainty, modelled as a lottery. A lottery becomes more divergent when the...
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