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1998
Journal Article
Titel
Embodied and disembodied technical change: A multifactorial analysis of German Firms
Abstract
Major determinants of innovations and their interrelation are analysed using regression and factorial analyses for 240 German firms. Apart from the analysis of research and development expenditures, the appropriation of disembodies technical progress along with embodied progress (capital investment in innovative goods) have to be considered in order to get a concised picture of innovation. Size and industry effects seem to be weak determinants in innovation as industry branches are quite heterogenous. A distinction between firms absorbing disembodied and embodied seems to be more important.