1. Refereed Journal // 2017

    IT Outsourcing - A Source of Innovation? - Microeconometric Evidence for Germany

    Does IT outsourcing really influence firms' process innovativeness? We investigate this question with a distinguished view on manufacturing and service sectors. Previous studies suggest firms sourcing out IT…

  2. Refereed Journal // 2017

    Sovereign Bond Market Reactions to No-Bailout Clauses and Fiscal Rules – The Swiss Experience

    We analyse the effects of a credible no-bailout policy and stringent sub-national fiscal rules on the risk premia of Swiss sub-national government bonds in the period from 1981 to 2007. In July 2003, the Swiss…

  3. Refereed Journal // 2017

    Who Instigates University-Industry Collaborations? University Scientists versus Firm Employees

    While evidence on the causes and effects of university–industry interaction is abundant, little is known about how, and particularly by whom, such interaction is instigated in the first place and subsequently…

  4. Refereed Journal // 2017

    Estimating Dynamic R&D Demand: An Analysis of Costs and Long-Run Benefits

    This article estimates a dynamic structural model of discrete Research and Development (R&D) investment and quantifies its cost and long-run benefit for German manufacturing firms. The model incorporates…

  5. Refereed Journal // 2017

    The Future of Foreign Aid in a Globalizing World with Climate Change

    This essay discusses a forward-looking integrated policy concept of foreign aid in a globalizing world with climate change. First, it opts for an integrated treatment of short-term aid, striving for the urgent…