This paper investigates the effect of mobility among a firm’s R&D personnel on its innovation performance. Since knowledge created within an R&D department of a firm is largely embodied in the person of the…
In the 1980s, the European Union (EU) started to develop its own technology policy independent from the member states. Since then the Framework Programme for Research and Technological Development (FP) has…
Many new firms do not survive the first years in business. Even though, the financial risk for the parties that have a financial stake in the business (i.e. owners, lending institutions and other creditors, such…
Access to external financing is of high importance to companies for the financing of fixed investments. Investment in fixed assets occurs in irregular intervals and requires relatively large amounts of…