This study tests for financial constraints on R&D investment and how they differ from capital investment. To identify constraints in the access to external capital, we employ a credit rating index. Our models…
Many studies investigate the relationship between R&D expenditures as an input and patents as an intermediate product or output of a knowledge production function. We suggest that the productivity of research…
Promising innovation impulses originate increasingly from customers, suppliers or competitors outside of a firm’s traditional home market. We investigate how firms can adjust their absorptive capacities to…
Vergleicht man akademische Spinoff-Gründungen mit anderen forschungs- und wissensintensiven Gründungen, zeigt sich, dass Spinoff-Gründungen signifikant forschungs- und wissenschaftsorientierter sind, was sich…
Gaining access to technological assets and patents, in particular, has long been a major motive and objective for firm acquisitions. On the one hand, patents are used as a building instrument for the…
