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Global Technology Cycles and Local Economic Performance
(2023)KOF Working PapersThis paper studies the global synchronicity of technology and its impact on the economy. We employ dynamic factor analysis to decompose patent data in different digital technologies for various countries into global and country-speciffc factors. Our findings confirm the existence of global and local technology cycles. We further find a significant positive correlation between the estimated global technology index and a country's economic ...Working Paper -
Analysis of knowledge and technology transfer in Switzerland – the perspective of the enterprises
(2020)SERI dossiers ~ Research and Innovation in Switzerland 2020Working Paper -
Eurostars The International Programme for Research Intensive SMEs A Joint Swiss Danish Impact Study
(2019)SERI dossiersWorking Paper -
The (Anti-)Competitive Effect of Intellectual Property Rights
(2019)KOF Working PapersWe test whether intellectual property rights (IPRs) foster or hinder innovation by estimating IV structural equations for a large sample of Swiss firms. We find that better appropriability conditions at the industry level raise the number of competitors. However, conditional on the given industry structure, individual firms face fewer competitors, if they actually use IPRs. The further impact of fewer competitors is to raise R&D, when ...Working Paper -
How Different Policy Instruments Affect the Creation of Green Energy Innovation: A Differentiated Perspective
(2016)KOF Working PapersBased on representative firm-level survey data for the three countries Austria, Germany, and Switzerland, we investigate the effects of regulation, energy taxes, voluntary agreements, and subsidies, on the creation of green product innovations. Our data set allows us to distinguish between the supply-side effects (cost effects) and the demand-side effects of policy measures, which improves our understanding of the frequently observed ...Working Paper -
Development and Utilization of Energy-related Technologies, Economic Performance and the Role of Policy Instruments
(2016)KOF Working PapersThe present study investigates the effects of energy-related technologies on economic performance at firm level. We distinguish clearly between adoption and use of energy-related technologies (process innovation in the broad sense) and product innovation in energy-related fields. We take into consideration four energy-related policy instruments (and expected demand for energy-related new products and services). We investigate the possibility ...Working Paper -
Competitiveness and ecological impacts of green energy technologies: firm-level evidence for the DACH region
(2016)KOF Working PapersFor a large sample of enterprises in Germany, Austria and Switzerland (the “DACH“ region) we study the impact of various policy instruments, such as energy related taxes, subsidies, regulations and standards or negotiated agreements on the firm’s ecological and economic performance. To identify the causal linkages, we build a system of twelve equations, tracking first the impacts of policy on the adoption of green energy technologies for ...Working Paper -
Does Energy Policy Hurt International Competitiveness of Firms? A Comparative Study for Germany, Switzerland and Austria
(2016)KOF Working PapersThis paper investigates the impact of energy policies on the export performance of firms. There has been a long policy debate on potentially negative impacts of cost-increasing energy policies on international competitiveness. We use firm-level data from three countries with similar industry structure but different energy policies: Germany, Switzerland, and Austria. We rely on firm manager assessments on the relevance of energy policy (in ...Working Paper -
Innovation and Firm Growth over the Business Cycle
(2016)KOF Working PapersThis paper investigates how the macroeconomic business cycle impacts the empirical relation between firms’ innovations and their sales growth rates. Based on firm-level panel data over the time period 1995-2014, the paper finds no visible sales growth differentials between firms in booming economic environments. In the economically difficult times of recessions, by contrast, innovative firms show significantly higher sales growth rates ...Working Paper -
Knowledge Spillovers and their Impact on Innovation Success - A New Approach Using Patent Backward Citations
(2016)KOF Working PapersWe propose a new patent-based measure of knowledge spillovers that calculates technological proximity based on firms that were identified via patent backward citations links. We argue that this measure has a couple of advantages as compared to the 'standard' measure proposed by Jaffe: First, it reflects spillovers from both domestic and foreign technologically 'relevant' firms, second, it is more precise because it only takes into account ...Working Paper