Publications of the Research Unit Economics of Innovation and Industrial Dynamics

  1. ZEW policy brief No. 18-07 // 2018

    New Perspectives in European Innovation Policy

    Innovation is essential for economic growth, and governments must encourage firms to increase their investments in innovation. Europe is losing ground to its main Asian competitors when it comes to R&D…

  2. ZEW Discussion Paper No. 18-042 // 2018

    Market Liberalization: Price Dispersion, Price Discrimination and Consumer Search in the German Electricity Markets

    We study how consumer search affects pricing in markets with incumbents and entrants using panel data on German electricity retail markets. Consumers observe the baseline price of the incumbent and decide…

  3. ZEW Discussion Paper No. 18-033 // 2018

    Web Mining of Firm Websites: A Framework for Web Scraping and a Pilot Study for Germany

    Existing approaches to model innovation ecosystems have been mostly restricted to qualitative and small-scale levels or, when relying on traditional innovation indicators such as patents and questionnaire-based…

  4. ZEW Discussion Paper No. 18-034 // 2018

    Foreign Competition and Executive Compensation in the Manufacturing Industry – A Comparison between Germany and the U.S.

    In this study we use import penetration as a proxy for foreign competition in order to empirically analyze (1) the impact of foreign competition on managerial compensation, (2) differences in the impact between…

  5. Refereed Journal // 2018

    Generating Big Spatial Data on Firm Innovation Activity from Text- Mined Firm Websites

    Innovation is one of the major drivers of economic growth, where spatial processes of knowledge spillover play a vital role. Current practices in assessing firms’ innovation activity, including patent…

  6. Refereed Journal // 2018

    Energy transition in Germany and regional spill-overs: The diffusion of renewable energy in firms

    The success of transitioning energy consumption towards renewables highly depends on the willingness and ability of firms to adopt energy technologies that use renewable sources. Existing studies focus on the…