This paper assesses the relative efficiency of knowledge production in the OECD using a nonparametric DEA approach. Resources allocated to R&D are limited and should therefore be used efficiently given the institutional and legal constraints. This paper presents efficiency scores based on an intertemporal frontier estimation for the period 1995 to 2004 and analyzes the impact of the regulatory environment ...
This paper analyzes research efficiency at the industry level in manufacturing for 13 European member and four nonmember countries during 2000 and 2004. A unique dataset was compiled that matches patent applications at the European Patent Office (EPO) to industry-specific R&D inputs from EU KLEMS. We find that Germany, the United States, and Denmark have the highest efficiency scores on average in ...
In Germany, two statistics examine the development and structure of public funding for research and development (R&D) in the private sector of the economy: the R&D statistics of the so-called "Stifterverband für die deutsche Wissenschaft - SV", a joint initiative of German industries to promote science an higher education (SV), and, secondly, the statistics of the "Bundesministerium für Bildung und ...
The SOEP success story was not conceivable at its inception. SOEP's institutionalization is therefore a lesson demonstrating that it is not always possible to say - as is so often required of research proposals today - how a project will develop before it has even begun, and what significance it may one day have. Or, even worse, to show "how a research project will pay off".
What kind of smart capital relational investors actually supply, especially in a bank-based financial system such as the German one, is still an open question. We divide smart capital into single components and conduct a survey with 85 German suppliers of start-up finance. The results show that the degree of 'smartness' is determined by the financial product used and partly also by the financiers' ...
This paper examines how electronic procurement influences firms' sourcing strategy. The relationship between the technology choice in a vertical structure is illustrated with respect to its impact on the coordination cost and the competition between suppliers. Hypotheses are tested using data from the e-Business W@tch survey. Assessing the relationship between the effect of electronic procurement on ...
About a decade ago the German Science Council requested a strengthening of academic research at the German economic research institutes to improve the academic foundation of policy advice - the traditional task of the institutes. Based on publications in SSCI journals, research output has since then improved remarkably in scope and quality and has involved an ever rising number of scholars within the ...
The paper investigates the link between bank concentration and a country's buyout market. We perform a macro level analysis for 15 European countries during 1997-2007. We estimate the elasticity of the country i's buyout market to country i's concentration in the banking sector. Our major finding suggests that the more concentrated the banking sector is, the better it is for the size of the buyout ...
Germany's economic profile gives reason to believe that the country will emerge strengthened from the current economic crisis. Germany boasts the world's highest share of value-added output attributable to (R&D) intensive goods and knowledge intensive services. At the same time, Germany possesses an extremely broad range of economic sectors that rely on R&D intensive goods and knowledge intensive services. ...