Showing 1 - 10 of 28
This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...
Persistent link: https://www.econbiz.de/10003301146
the innovation process. Markets with high competition also force enterprises to produce imitative innovations but give …
Persistent link: https://www.econbiz.de/10005098257
the innovation process. Markets with high competition also force enterprises to produce imitative innovations but give …
Persistent link: https://www.econbiz.de/10011448648
that they employ.In order to account for non-R&D innovation activities, we apply the STI/DUI concept as a theoretical … starting point. This distinguishes between (1) the science, technology, innovation (STI) mode with its strong emphasis on … modes of learning and innovation exist within the German SME sector: the supplier-dependent DUI group, the customer …
Persistent link: https://www.econbiz.de/10012040194
This paper analyzes the importance of equity finance for the Ramp;D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we...
Persistent link: https://www.econbiz.de/10012709829
that they employ. In order to account for non-R&D innovation activities, we apply the STI/DUI concept as a theoretical … starting point. This distinguishes between (1) the science, technology, innovation (STI) mode with its strong emphasis on … modes of learning and innovation exist within the German SME sector: the supplier-dependent DUI group, the customer …
Persistent link: https://www.econbiz.de/10012863423
considerations, the focus is on the share of internal funds, bank loans and subsidies on the volume of innovation expenditure …
Persistent link: https://www.econbiz.de/10012977600
This paper examines the use of innovation protection mechanisms in small and medium enterprises (SMEs). By starting … seems to be essential for many SMEs because of their informal mode of learning and innovation characterized by experience …
Persistent link: https://www.econbiz.de/10012966706
studies, the focus is on the proportion of bank credits and internal funds as parts of innovation expenditures. The regression … showing high R&D intensity also use bank credits as financial sources for innovation only to a limited extent. As a result of …
Persistent link: https://www.econbiz.de/10013075216
In the long-run, innovation performance has weakened somewhat in German small and me-dium enterprises (SMEs). In …&D). In order to remove the innovation barriers in these SMEs, public policy may play an important role. The empirical … analysis reveals that less R&D-oriented SMEs are indeed more likely to face a number of constraints in their innovation …
Persistent link: https://www.econbiz.de/10011480698