Evaluierung des Programms des Sächsischen Staatsministeriums für Wissenschaft und Kunst (SMWK) zur Förderung von Projekten im Forschungsbereich
Jutta Günther, Iciar Dominguez Lacasa, Michael Fritsch, Nicole Nulsch, Viktor Slavtchev, Michael Schwartz, Mirko Titze, Katja Wilde
IWH-Sonderhefte,
No. 1,
2010
Abstract
Die vorliegende Studie des Instituts für Wirtschaftsforschung Halle (IWH) im Auftrag des Sächsischen Staatsministeriums für Wissenschaft und Kunst (SMWK) evaluiert das Programm „Förderung von Projekten im Forschungsbereich“ des Ministeriums. Das Programm richtet sich an Wissenschaftseinrichtungen in Sachsen. Es zielt auf die Stärkung der Spitzenforschung, der Profilbildung, der Drittmittelfähigkeit, der Internationalisierung sowie der Vernetzung der Wissenschaftseinrichtungen untereinander und mit der Wirtschaft. Gefördert werden grundlagenorientierte Projekte, Geräteausstattungen, Aufenthalte von Gastwissenschaftlern sowie wissenschaftliche Tagungen. Die Finanzierung des Programms erfolgt ausschließlich aus Landesmitteln.
Im Zeitraum 2002 bis 2008 wurden insgesamt 745 Vorhaben mit einem Gesamtvolumen von 20,51 Mio. Euro in 41 Wissenschaftseinrichtungen gefördert. Über 90% der Mittel entfielen auf die Fördergegenstände Projektförderung sowie Geräteausstattung. Befragt wurden 311 für die Fördervorhaben zuständige Wissenschaftler, von denen sich 69% an der Befragung beteiligten. Hinsichtlich der erreichten Effekte nannten die meisten Fördermittelempfänger die „Stärkung der Profilbildung“ (82%, über alle Förderlinien). Bei der Projektförderung sowie der Förderung der Geräteausstattung hoben die Befragten die hohe Wirkung auf die „Stärkung der Drittmittelfähigkeit“ hervor (über 90%). Damit wurden in der Einschätzung der Fördermittelempfänger wesentliche Zielvorgaben des Programms erreicht. Die Erhöhung der Verbundfähigkeit mit der Wirtschaft spielte aus Sicht der Befragten eine untergeordnete Rolle (54% Zustimmung). Der Grund für diesen relativ niedrigen Wert dürfte darin liegen, dass das Förderprogramm vor allem auf grundlagenorientierte Forschung abzielt. Die wissenschaftlichen Tagungen haben einen starken Effekt auf die Vernetzung der Wissenschaftseinrichtungen untereinander, insbesondere mit solchen im Ausland. Damit ist ein weiteres wesentliches Ziel des Programms erreicht worden.
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Corporate Governance in the Multinational Enterprise: A Financial Contracting Perspective
Diemo Dietrich, Björn Jindra
International Business Review,
2010
Abstract
The aim of this paper is to bring economics-based finance research more into the focus of international business theory. On the basis of an analytical model that introduces financial constraints into incomplete contracting in an international vertical trade relationship, we propose an integrated framework that facilitates the study of the interdependencies between internalisation decisions, firm-internal allocations of control rights, and the debt capacity of firms. We argue that the financial constraint of an MNE and/or its supplier should be considered as an important determinant of internal governance structures, complementary to, and interacting with, institutional factors and proprietary knowledge.
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Mutual Perception of Science and Industry in Innovation Networks – Evidence from East Germany
Jutta Günther, Cornelia Lang
D. Dyker (ed.), Network Dynamics in Emerging Regions of Europe, Imperial College Press,
2010
Abstract
The paper examines how science and industry perceive each other. Cooperation in the field of innovation and research and development has increased in recent years. But comprehensive empirical research on the mutual perception of science and industry is lacking so far. The article presents the results of explorative research based on a number of qualitative interviews with representatives from science and industry on that topic. The interviews were carried out in the Central German Region which is a centre of manufacturing industry especially of chemicals. So the two selected industries are chemical industry (high-tech based) and food processing (low-tech based). The paper provides remarks on the German innovation system. The empirical section summarizes the interview reports. We found only little evidence of conflict of interests between market-oriented industry and science organisations. Cooperation exists and works. The key issue is trust.
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04.06.2010 • 30/2010
Gemeinschaftsdiagnose: IWH-Forscher weiter im Kreis der führenden Konjunkturexperten
Das Institut für Wirtschaftsforschung Halle (IWH) wird auch in den kommenden drei Jahren an dem gemeinsamen Konjunkturgutachten der Wirtschaftsforschungsinstitute für die Bundesregierung mitarbeiten. Am Donnerstag verkündete das Bundeswirtschaftsministerium die Entscheidung zugunsten der Bietergemeinschaft des IWH mit dem neuen Partner, der Kiel Economics Research & Forecasting GmbH & Co. KG. Ebenfalls beteiligt sind das ifo Institut für Wirtschaftsforschung e. V. an der Universität München gemeinsam mit der Konjunkturforschungsstelle an der ETH Zürich KOF, das Institut für Weltwirtschaft an der Universität Kiel gemeinsam mit dem Zentrum für Europäische Wirtschaftsforschung GmbH Mannheim und das Rheinisch-Westfälische Institut für Wirtschaftsforschung e. V. Essen mit dem Institut für Höhere Studien Wien.
Oliver Holtemöller
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Going Public to Acquire? The Acquisition Motive in IPOs
Ugur Celikyurt, Merih Sevilir, Anil Shivdasani
Journal of Financial Economics,
No. 3,
2010
Abstract
Newly public firms make acquisitions at a torrid pace. Their large acquisition appetites reflect the concentration of initial public offerings (IPOs) in mergers and acquisitions-(M&A-) intensive industries, but acquisitions by IPO firms also outpace those by mature firms in the same industry. IPO firms' acquisition activity is fueled by the initial capital infusion at the IPO and through the creation of an acquisition currency used to raise capital for both cash- and stock-financed acquisitions along with debt issuance subsequent to the IPO. IPO firms play a bigger role in the M&A process by participating as acquirers than they do as takeover targets, and acquisitions are as important to their growth as research and development (R&D) and capital expenditures (CAPEX). The pattern of acquisitions following an IPO shapes the evolution of ownership structure of newly public firms.
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Challenges for Future Regional Policy in East Germany. Does East Germany really show Characteristics of Mezzogiorno?
Mirko Titze
A. Kuklinski; E. Malak-Petlicka; P. Zuber (eds), Souther Italy – Eastern Germany – Eastern Poland. The Triple Mezzogiorno? Ministry of Regional Development,
2010
Abstract
Despite extensive government support the gap between East and West Germany has still not been successfully closed nearly 20 years post German unification. Hence, some economists tend to compare East Germany with Mezzogiorno – underdeveloped Southern Italy. East Germany is still subject to sever structural problems in comparison to West Germany: lower per capita income, lower productivity, higher unemployment rates, fewer firm headquarters and fewer innovation activities. There are East German regions with less than desirable rates of development. Nevertheless, the new federal states have shown some evidence of a convergence process. Some regions have developed very positively – they have improved their competitiveness and employment levels. As such, the comparison of East Germany with Mezzogiorno does not seem applicable today.
According to Neoclassical Growth Theory, regional policy is targeted enhancing investment (hereafter the notion ‘investment policy’ is used). has been the most important instrument in forcing the ‘reconstruction of the East’. Overall, the investment policy is seen as having been successful. It is not, however, the only factor influencing regional development – political policy makers noted in the mid 1990s that research and development (R&D) activities and regional concentrated production networks, amongst other factors, may also play a part. The investment policy instrument has therefore been adjusted. Nevertheless, it cannot be excluded that investment policy may fail in particular cases because it contains potentially conflicting targets. A ‘better road’ for future regional policy may lie in the support of regional production and innovation networks – the so-called industrial clusters. These clusters would need to be exactingly identified however to ensure effective and efficient cluster policies.
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Interactive Dynamic Capabilities and Regenerating the East German Innovation System
N. von Tunzelmann, Jutta Günther, Katja Wilde, Björn Jindra
Contributions to Political Economy,
2010
Abstract
The paper sets out a specification of capabilities and competencies derived from Sen’s work on consumer capabilities and welfare economics. This approach is one that proves remarkably easy to generalise, first to producer and supplier capabilities, and thence to interactive and dynamic capabilities. The approach is then applied via the consequential perspectives of regional systems of innovation and network alignment to the case of the efforts to regenerate the innovation system in East Germany since reunification. It is seen that this process can be divided into three periods, of which the most recent appears to meet some of the theoretical requirements for effective interactive capabilities. It is less clear that the criteria for dynamic capabilities—which involve considerations of speed-up and flexibility, to meet the market requirements in real time—have yet been taken sufficiently seriously.
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Knowledge Spill-overs for Knowledge-based Development: Progression in Theory and Obstacles for Empirical Research
Peter Franz
International Journal of Knowledge-Based Development,
2010
Abstract
As scientists and policymakers tend to interpret changes in the economy as a trend towards an increasingly knowledge-based economy, their recommendations and strategies for regional economic development frequently contain elements how to intensify the knowledge flows in the region concerned. Knowledge flows come into existence from intentional action, but also in an unintended way as externalities or knowledge spillovers. This paper reviews the ways regional and urban economics has dealt with the concept of knowledge spillovers. Knowledge spillovers are defined within a conceptual framework that points out different uses of knowledge in economics. The concept’s operationalisations in diverse empirical studies are systematised and discussed. After a critical review of the current state of research, policy strategies aiming to intensify knowledge spillovers are classified. The paper concludes with an outlook on promising new approaches to research knowledge spillovers and on the elaboration of more efficient policy strategies.
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What Determines the Innovative Success of Subsidized Collaborative R&D Projects? – Project-Level Evidence from Germany –
Michael Schwartz, François Peglow, Michael Fritsch, Jutta Günther
IWH Discussion Papers,
No. 7,
2010
published in: Technovation
Abstract
Systemic innovation theory emphasizes that innovations are the result of an interdependent exchange process between different organizations. This is reflected in the current paradigm in European innovation policy, which aims at the support of collaborative R&D and innovation projects bringing together science and industry. Building on a large data set using project-level evidence on 406 subsidized R&D cooperation projects, the present paper provides detailed insights on the relationship between the innovative success of R&D cooperation projects and project characteristics. Patent applications and publications are used as measures for direct outcomes of R&D projects. We also differentiate between academic-industry projects and pure inter-firm projects. Main results of negative binomial regressions are that large-firm involvement is positively related to pa-tent applications, but not to publications. Conversely, university involvement has positive effects on project outcomes in terms of publications but not in terms of patent applications. In general, projects’ funding is an important predictor of innovative success of R&D cooperation projects. No significant results are found for spatial proximity among cooperation partners and for the engagement of an applied research institute. Results are discussed with respect to the design of R&D cooperation support schemes.
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