Functioning markets for technology are an important determinant for the type, scope and distribution of innovation activities in an economy. However, markets for technology are often underdeveloped or…
How does bank distress impact their customers’ probability of default and trade credit availability? We address this question by looking at a unique sample of German firms from 2000 to 2011. We follow their…
We investigate the impact of research and development (R&D) subsidies on R&D inputs of large- and medium-sized firms and on additional innovation and economic activities in Chinese provinces. A panel vector…
This study on the monitoring of innovation strengths, regional specialisation and industrial modernisation in the European Union has two main aims. The first is to verify whether the existing indicators and data…
Innovation depends on the incentives to create new ideas as well as the visibility of and access to existing ones. Using exogenous variation from the Uniform Trade Secrets Act, we show that stronger trade…
Informal exchange of information among competitors has been well-documented in a variety of industries, and one's expectation of reciprocity shown to be a key determinant. We use an indeterminate horizon…
