Publications of the Research Unit Economics of Innovation and Industrial Dynamics

In this article, we examine the impact of cluster externalities on the economic performance of firms. Specifically, we focus on how the utilization of these externalities by firms is affected by the…

• ZEW-ZEPHYR M&A Index Shows First Signs of Recovery Since August 2019
• Changes in the Pharmaceutical Industry Lead to Record Levels of M&A Activity
• Buyers or Targets – Who Has More Pricing Power in M&A…

• Voting Rights of Foreigners Affect Their Likelihood of Acquiring Citizenship
• Companies Plan to Keep Remote Work Arrangements After Crisis
• School Closures Jeopardise Equality
• ‘Treuhandanstalt’ Sold…

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…

Knowledge-based capital is a key factor for productivity growth. Over the past 15 years, it has been increasingly recognised that knowledge-based capital comprises much more than technological knowledge and that…