Publications of the Research Unit Economics of Innovation and Industrial Dynamics

  1. Discussion and Working Paper // 2022

    Pandemic Effects: Is the German Innovation System Suffering from Long-COVID?

    The COVID-19 pandemic has adversely impacted firms in all economies worldwide. Their innovative behavior in the initial- and subsequent years is crucial to economic recovery. We investigate its impact on firms’…

  2. ZEW Discussion Paper No. 22-047 // 2022

    The Impact of the EU General Data Protection Regulation on Innovation in Firms

    In May 2018, a new regulation by the European Commission on data protection came into force, the General Data Protection Regulation (GDPR). It requires many firms to update their data protection strategy. It may…

  3. ZEW Discussion Paper No. 22-044 // 2022

    Policy Uncertainty and Inventor Mobility

    We follow the migration patterns of European inventors and find evidence of a novel emigration determinant: policy uncertainty. We find that policy uncertainty raises the rate of inventor emigration by a notable…

  4. ZEW Discussion Paper No. 22-043 // 2022

    Mandatory Financial Information Disclosure and Credit Ratings

    When firms are forced to publicly disclose financial information, credit rating agencies are supposed to improve their risk assessments. Theory predicts such an information quality effect but also an adverse…

  5. ZEW Discussion Paper No. 22-039 // 2022

    Trade Secret Protection and R&D Investment of Family Firms

    Family firms are known for their reluctance to invest in research and development. We show that strengthened trade secret protection is associated with higher R&D investment by family firms. More specifically,…