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The Performance Effect of Environmental Innovations
(2013)KOF Working PapersWhile recent literature has focused on explaining the determinants of green innovations, it is not well understood how such innovations affect performance. To analyse the relationship between green innovation and performance, new industry-level panel data were exploited: these include 12 OECD countries, the whole manufacturing sector and a period of 30 years. The results show that green inventions are U-shape related to performance. ...Working Paper -
The Impact of Venture Capital on the Persistence of Innovation Activities of Swiss Start-ups
(2013)KOF Working PapersIn this study we investigate the impact of early stage venture capital on innovation activities of Swiss start-ups. This is done based on a cohort of start-ups that is representative of all firms founded in Switzerland in 1996/97 as recorded by a census of the Swiss Federal Statistical Office for this period. We analyze not only the impact of early stage venture capital on innovation performance 3 years after firm foundation but also 6 ...Working Paper -
The Relative Importance of Human Resource Management Practices for a Firm’s Innovation Performance
(2013)KOF Working PapersHuman resource management (HRM) practices are generally expected to stimulate a firm?s innovation performance. However, which of these practices do really pay off? Based on a unique dataset that includes detailed information for both a firm?s innovation activities and different types of HRM practices we find that primarily new workplace organization practices seem to enhance a firm?s innovation activities. Flexible practices of working ...Working Paper -
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The Impact of Energy Prices on Green Innovation
(2013)KOF StudiesBased on patent data and industry specific energy prices for 18 OECD countries over 30 years we investigate on an industry level the impact of energy prices on green Innovation activities. Our econometric models show that energy prices and green innovation activities are positively related and that energy prices have a significantly positive impact on the ratio of green innovations to non-green innovations. More concretely, our main model ...Report -
Determinants of Internationalisation – Do they Differ among Sectors and Business Functions?
(2013)KOF Working PapersThe relevance of services FDI strongly increased over the last two decades. As goods and services differ with respect to important characteristics, one may expect that the determinants of internationalisation are not identical in manufacturing and the service sector. However, there is practically no firm-level research contrasting the two sectors in this respect. In order to fill this gap, we seek to identify for manufacturing and services, ...Working Paper -
The Impact of Energy Prices on Green Innovation
(2013)KOF Working PapersBased on patent data and industry specific energy prices for 18 OECD countries over 30 years we investigate on an industry level the impact of energy prices on green innovation activities. Our econometric models show that energy prices and green innovation activities are positively related and that energy prices have a significantly positive impact on the share of green innovations in non-green innovations. More concretely, our main model ...Working Paper