Kris Aerts’s research while affiliated with KU Leuven and other places

... While many authors are supportive of the idea that the underlying boost for companies must be specialized, very few however insists on an evaluation of the intrinsic quality of the support framework, which would ensure the possibility of shifting from a policy focused on quantity to an approach based on quality (Frugier, 2014). This is particularly the case with Aerts et al. (2007) who reveal that the performance of an incubator depends on the success of its incubators. The work that has emerged there mainly derives from that of Gasse and Tremblay (2007) which indicates that the purpose of support is to provide a means to accessing financial capital, human capital, and social capital; Nkakleu and Fouda Ongodo (2009) who examine the influence of support structures on management practices; Nkakleu et al. (2010), analyzing the role of support structures in the acquisition and development of the skills of entrepreneurs and managers of small businesses; Kamdem et al. (2011), who identify the forms and practices of entrepreneurial support likely to have an impact on the performance of very small businesses; Nkakleu et al. (2013), who are interested in the impact of support structures on the skills and performance of SMEs start-up; and Pouka (2018) and Pouka and Nomo (2017) who study the impacts of subcontracting and partnership stock exchange programs on the performance of SMEs in the industrial sector. ...

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A Synthetic Indicator of the Quality of Support for Businesses in Burkina-Faso, Cameroon, and Ghana

... Most of the studies described in the previous section analyze the impact of public aid, taking into account both endogeneity and selection problems. David, Hall and Toole (2000), Klette, Moen and Griliches (2000) and, more recently, Aerts, Czarnitzki and Fier (2007) review the main empirical papers about the impact of public subsidies on firms' R&D expenditures, paying special attention to the different methodologies applied to avoid these estimation prob-lems. 5 Among the most usual alternatives, we find Heckman's (1979) selection model, which we will follow in this paper. ...

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The impact of public support on firm propensity to engage in R&D: Spanish experience

... When employees perceive that the organisation recognises their efforts by sharing profits, they respond by putting in more effort and are encouraged to make suggestions and experiment with new ways of doing their jobs (Jiang et al., 2012). According to Aerts et al. (2015): '… employees are closely involved in the company's bench-level expertise and may therefore possess an information advantage on potential weaknesses and inefficiencies […] Without profit sharing, there is hardly any incentive to disclose this information to the management' (p. 1379). ...

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Pay incentives, human capital and firm innovation in smaller firms

... Innovation can drive economic growth and help firms obtain competitive advantages (Yuan and Wen 2018;Zhou and Wu 2010). Governments in most countries have taken various innovation policy instruments (Aerts, Czarnitzki, and Fier 2006;Aschhoff and Sofka 2009), such as government regulation and procurement, low-interest loans, R&D subsidy, and tax credit, to stimulate corporate innovation. R&D subsidy is a widely used direct financial support to risky but socially valuable corporate R&D projects (Dimos and Pugh 2016;Dumont 2017;Zúñiga-Vicente et al. 2014). ...

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R&D subsidy and corporate innovation: an integrated view of resource allocation and resource utilisation

... While evaluation studies have focused on the effects of direct public support on research and development expenditure (Aerts & Czarnitzki, 2006;Almus & Czarnitzki, 2003;Czarnitzki, 2001;Czarnitzki & Fier, 2002;Duguet, 2012), recent studies have looked at other important changes in the behavior and output of firms by incentives. Czarnitzki and Fier (2002) found that firms that received R&D subsidies invest more in innovation and R&D. ...

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The Impact of Government Interventions on the Performance of Biotechnology, Information and Communications Technology, and Electrical and Electronics Firms: Evidence from Iran

... A detailed survey description can be found inCzarnitzki (2006). 5 New products are defined in concordance with the guidelines in the OSLO-Manual (OECD/Eurostat, 2005). ...

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Are Local Milieus the Key to Innovation Performance?

... Some scholars hold the 'inhibiting effect view' and believe that subsidies may crowd out firm-financed R&D spending (Wallsten, 2000). The majority of studies that discuss the crowd-out effect of R&D subsidies in Belgium, Germany, and Spain, summarised by Aerts and Czarnitzki (2005). In China, there are information asymmetry and principal-agent problems between government and enterprises, which led to the fact that the government do not use scientific and reasonable standards to identify which enterprises should receive subsidies before subsidising innovation . ...

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Implementation strategy of MEI policy and SME innovation: a Chinese analysis

... These effects may have important implications, both from a methodological and a policy perspective. Studies in which the impact of public support on the total number of R&D employees is estimated (see for example, the firm-level studies by Wallsten 2000; Suetens 2002; Aerts 2008 or the estimations for a panel of OECD countries by Wolff and Reinthaler 2008; Thomson and Jensen 2011) may net out opposing effects. If one category of R&D employees is substituted for another, these studies could fail to find any statistically significant impact on R&D employees or conceal substantial shifts in its composition. ...

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Public Support for R&D and the Educational Mix of R&D Employees

... Efforts made by the organization towards offering quality work-life measurement of workers, help in the efficient and effective allocation of resources to enhance productivity and stability of the workforce, not necessarily meeting the needs of the workers, per se. Just as (Kris, Kornelius & Julia, 2013) asserted that to the best of their knowledge, no studies exist on the impact of Profit Sharing on the innovative performance of companies, the researcher of this study dares strongly assert here that, there is no literature, hitherto, contextually talk on the Profit Sharing as it relates to directly meeting Worker Needs. ...

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PROFIT SHARING AND WORKER EFFICIENCY IN THE OIL AND GAS SECTOR IN RIVERS STATE, NIGERIA

... Previous analyses (e.g. Aerts, 2008;Görg & Strobl, 2007;Liu et al., 2016) have provided some insights. However, the majority of earlier studies have been partial in nature, relying mainly on small, cross-sectional datasets, with limited information on R&D support instruments, and firms' R&D and performance outcomes. ...

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R&D grants and R&D tax credits to foreign-owned subsidiaries: Does supporting multinational enterprises’ R&D pay off in terms of firm performance improvements for the host economy?