1. ZEW Discussion Paper Nr. 05-09 // 2005

    Die Wirkungsanalyse staatlicher Förderprogramme durch den Einsatz von Matching- und Selektionsmodellen am Beispiel der Fertigungstechnik

    Mit dem Ziel die technologische Wettbewerbsfähigkeit zu steigern, in-vestieren die Staaten der OECD jährlich beträchtliche Summen in die Förderung von Forschungs- und Entwicklungsaktivitäten (FuE). Ange-sichts…

  2. ZEW Discussion Paper Nr. 05-14 // 2005

    How Does Owners' Exposure to Idiosyncratic Risk Influence the Capital Structure of Private Companies?

    This paper identifies the entrepreneur's exposure to idiosyncratic risk as an important determinant of the demand for loans and the capital structure. The analysis is based on a sample of small and medium-sized…

  3. ZEW Discussion Paper Nr. 05-47 // 2005

    Biomedical Academic Entrepreneurship Through the SBIR Program

    This paper considers the U.S. Small Business Innovation Research (SBIR) program as a policy fostering academic entrepreneurship. We highlight two main characteristics of the program that make it attractive as an…

  4. ZEW Discussion Paper Nr. 05-48 // 2005

    Erfolgreiche Forschung und Entwicklung nach Unternehmensakquisitionen: Eine empirische Untersuchung der Post Merger Integrationsprozesse

    Die Zusammenführung von Forschungs- und Entwicklungsbereichen als Folge einer Fusion oder Akquisition erfordert in der Regel ein umfassendes Integrationsprojekt, um die Innovationsfähigkeit des Unternehmens…

  5. ZEW Discussion Paper Nr. 05-53 // 2005

    Global Idea Sourcing An empirical investigation into the mechanisms behind the usage of foreign business sources for innovation

    Globalization has set new paradigms, especially in the business world. Breakthroughs in technology (telecommunications, logistics, the internet) and ideology (most notably economic and political trends in China…

  6. ZEW Discussion Paper Nr. 05-54 // 2005

    Stimuliert der BioRegio-Wettbewerb die Bildung von Biotechnologieclustern in Deutschland? – Ergebnisse einer ökonometrischen Analyse

    Regions with biotechnology-specific knowledge seem to have best chances to attract potential entrepreneurs to establish a biotechnology-firm. Furthermore, regional oriented technology policy is supposed to…

  7. ZEW Discussion Paper Nr. 05-55 // 2005

    Benefits of Control, Capital Structure and Company Growth

    This paper studies the influence of the benefits of control on the capital structure and the growth of private companies for a sample of 8,964 UK companies with limited liability observed for up to 5 years. It…

  8. ZEW Discussion Paper Nr. 05-60 // 2005

    Public R&D Policy: The Right Turns of the Wrong Screw? The Case of the German Biotechnology Industry

    The German biotechnology industry missed the accession of this key technology in the 1980s. Policy makers make different efforts to overcome shortcomings and recent gaps. Public funding schemes have been…

  9. ZEW Discussion Paper Nr. 05-72 // 2005

    Absorptive Capacity – One Size Fits All? A Firm-level Analysis of Absorptive Capacity for Different Kinds of Knowledge

    The paper empirically analyses the effect of R&D activities, human resource and knowledge management, and the organisation of knowledge sharing within a firm on the absorptive capacity of innovative firms for…

  10. ZEW Discussion Paper Nr. 05-73 // 2005

    Exports versus FDI in German Manufacturing: Firm Performance and Participation in International Markets

    This paper tests some of the predictions of recent advances in trade theory that have focused on different trade patterns of firms within the same sector. Helpman, Melitz and Yeaple (2005) develop a model in…