1. ZEW Discussion Paper No. 09-059 // 2009

    From Soft and Hard-Nosed Bankers –Bank Lending Strategies and the Survival of Financially Distressed Firms

    Public banks face a public contract to provide credit access to firms and households within their business district. Closely related to that, cooperative banks aim to support their members. Both are asked to…

  2. ZEW Discussion Paper No. 09-066 // 2009

    Selectivity in Search Strategies for Innovation – From Incremental to Radical, From Manufacturing to Services

    Research has frequently shown that firm success in technology-driven industries critically depends on the ability to invent and commercialize innovative technology. In this respect, firms with the ability to…

  3. ZEW Discussion Paper No. 09-065 // 2009

    Optimal Tax Progressivity in Unionised Labour Markets: What are the Driving Forces?

    In the economic policy debate, income tax progressivity is mostly seen as a means of redistribution. The more progressive the tax, the more redistribution from the rich to the poor. However, high tax…

  4. ZEW Discussion Paper No. 09-064 // 2009

    Drivers for International Innovation Activities in Developed and Emerging Countries

    The internationalisation of corporate R&D is an opportunity for firms to reach local knowledge and expertise which is distributed globally. Firms' innovation activities which are carried out abroad comprise…

  5. ZEW Discussion Paper No. 09-062 // 2009

    The ZEW Combined Microsimulation-CGE Model: Innovative Tool for Applied Policy Analysis

    Ex ante evaluation of policy reform proposals in general relies either on microsimulation models or computable general equilibrium (CGE) models. This paper describes how the Centre of European Economic Research…

  6. ZEW Discussion Paper No. 09-061 // 2009

    Searching for Innovation in Market and Transition Economies: Evidence Across Europe

    The extant innovation literature has recognized for a long time that a firm's innovation performance does not only depend on internal research and development (R&D) activities but instead on a skilled bundling…

  7. ZEW Discussion Paper No. 09-060 // 2009

    Skill Composition and Regional Entrepreneurship: A Comparative Study Between Germany and Portugal

    The availability of skilled labor has frequently been characterized as a key determinant of entrepreneurial activity in a region. Little is known, however, whether the composition of the regional skill base will…

  8. ZEW-Finanzmarktreport // 2009

    November 2009

    • Konjunkturerwartungen signalisieren langsame Erholung
    • EZB: Zunehmend mehr Experten erwarten höhere Zinsen
    • USA: Keine schnelle Konjunkturerholung in Sicht
    • Japan: Konjunkturaussichten weiterhin trübe
    • Großbritannien:…