Concentration on the few: mechanisms behind a falling share of innovative firms in Germany
Abstract
Innovation activities in the German business sector showed two opposing trends over the past two decades: While total innovation expenditures grew substantially, the number of firms conducting innovation activities fell sharply. In this paper, we explore the mechanisms behind the declining trend in the share of innovation active firms. Considering both input (R&D activities) and output (introduction of innovations), we model innovation decisions...
Paper Details
Title
Concentration on the few: mechanisms behind a falling share of innovative firms in Germany
Published Date
Mar 1, 2018
Journal
Volume
47
Issue
2
Pages
379 - 389
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