We survey recent microeconometric research on investment and employment that has used
panel data on individual firms or plants. We focus on model specification and econometric …

This paper evaluates what we have learned about the relevance and reliability of financial
and non‐financial information on intangibles from the value‐relevance literature. Because …

Recent literature suggests that because investment expenditures are irreversible and can be
delayed, they may be highly sensitive to uncertainty. We briefly summarize the theory …

This paper explores the determinants of corporate R&D for US, Canadian, British, European,
and Japanese firms. We find last year's debt ratio is significantly negatively correlated with …

This study develops a new innovation diagram based on three elements—technology–
business model (BM)–market—for characterizing the knowledge-based economy and open …

The real-business-cycle literature has largely ignored the empirical question of what role
technology shocks actually play in business cycles. The observed procyclicality of total factor …

Prior research indicates a linkage between debt, research and development (R&D) and
physical investment, and that the relationship varies depending on the type of firm (science …

Subsidies to the Norwegian high-tech industries have traditionally been given as 'matching
grants', ie, the subsidies are targeted, and the firms have to contribute a 50% own risk capital …

This paper discusses the relationship between a company's investment in innovation and its
success in introducing new product and/or process innovations. In doing so, this analysis …

Private sector innovation is critical to mitigating and adapting to climate change. This paper
studies innovation in solar energy technology, a key source of clean energy that has …