Publications of the Research Unit Economics of Innovation and Industrial Dynamics

  1. Refereed Journal // 2018

    What’s the Price of Academic Consulting? Effects of Public and Private Sector Consulting on Academic Research

    Academic consulting is an important and effective means of knowledge transfer between the public and private sectors. It offers opportunities for research application but also raises concerns over potentially…

  2. Refereed Journal // 2018

    Ownership Concentration and Innovativeness of Corporate Ventures

    Corporate venture investments are an established means for incumbent firms to access radical innovation. Drawing from a behavioural agency framework, we distinguish two mechanisms that govern the relationship…

  3. Refereed Journal // 2018

    Analyzing and Predicting Micro-Location Patterns of Software Firms

    While the effects of non-geographic aggregation on statistical inference are well studied in economics, research on the effects of geographic aggregation on regression analysis is rather scarce. This…

  4. Refereed Journal // 2018

    Concentration on the few: mechanisms behind a falling share of innovative firms in Germany

    Innovation activities in the German business sector showed two opposing trends over the past two decades: While total innovation expenditures grew substantially, the number of firms conducting innovation…

  5. Refereed Journal // 2018

    How different policy instruments affect green product innovation: A differentiated perspective

    Based on representative firm-level data for the three countries Austria, Germany, and Switzerland, we investigate the effects of energy-related regulations, taxes, voluntary agreements, and subsidies on the…

  6. Refereed Journal // 2018

    Public Subsidies and New Ventures’ Use of Bank Loans

    Access to financial resources is crucial for young firms to strive. To foster innovation and growth in these firms, governments address financing constraints by initiating public support programs. For such…

  7. Refereed Journal // 2018

    When Do Firms Leave Cartels? Determinants and the Impact on Cartel Survival

    We use a dataset of 615 firms which participated in 114 illegal cartels – convicted by the European Commission between 1999 and 2016 – to investigate the determinants of the duration of a firm’s…

  8. Refereed Journal // 2018

    Corporate science, firm value, and vertical specialization: evidence from the semiconductor industry

    We examine the involvement of firms in scientific research and its implications for valuation in the context of the US semiconductor industry. We specifically compare design-oriented fabless firms to …