Publications of the Research Unit Economics of Innovation and Industrial Dynamics

  1. Refereed Journal // 2004

    Innovation indicators and corporate credit ratings: evidence from German firms

    The literature on the relationship between firm value and knowledge capital is based on stock market valuation. We use a credit rating score as an alternative measure. Innovative firms achieve better ratings,…

  2. Refereed Journal // 2004

    Productivity Effects of Organizational Change: Microeconometric Evidence

    This paper analyzes the relationship between investment in information and communication technologies (ICT), non--ICT--investment, labor productivity and workplace reorganization. Firms are assumed to…

  3. ZEW Economic Studies Vol. 22 // 2004

    The Internationalisation of Young High-Tech Firms

    The huge economic and social impact of high-tech industries on the fortunes of nation states has been widely recognised in recent years. Therefore, government policies encouraging the creation of new…