During the last 20 years, R&D and innovation activities in the service sector have clearly increased. Especially business services are believed to be one of the main drivers of technical changes and economic…
Over the last decades manufacturers have outsourced service inputs and shared resources with competitors. As a result, service inputs have been the fastest growing input factor in German manufacturing, followed…
This paper makes an empirical contribution to confirm the stylized fact that the performance of firms deteoriates in the years before exit. For this reason we evaluate whether market exits differ significantly…
Investment Opportunities in Central and Eastern European Equity Markets For firms acting in technological niches the expansion into foreign markets can be a way to increase sales and to thus to recover initial…
Our research, based on the ZEW-Foundation Panel East, examines whether high-tech start-ups are mainly founded in scientific and infrastructural well suited regions or not. Estimation results on the level of…