Reinhilde Veugelers

Memos to the new Commission- Europe's economic priorities 2010-2015. Bruegel Blueprint Series No. (10?), 27 August 2009 (2009)

Darvas, Zsolt, Pisani-Ferry, Jean, Röller, Lars-Hendrik, Santos, Indhira, Sapir, André, Van Pottelsberghe, Bruno, ...

These Memos, addressed to the next Commission President and to the new European commissioners, are written by Bruegel Scholars and edited by Senior Research Fellow André Sapir and focus on key...

Speed of change (2009)

Karl Aiginger, Scientific Committee, Steve Davies, Ian Miles, Reinhilde Veugelers, Wilhelm Kohler, ...

Yvonne Wolfmayr-Schnitzer. The work could not have been performed without the programming of Marianne Schöberl and Wolfgang Klameth, the project management by Dagmar Guttmann, and the research...

Europe's Position in Quality Competition (2009)

Karl Aiginger, Scientific Committee, Steve Davies, Ian Miles, Reinhilde Veugelers, Isabel Grilo, ...

have been performed without the programming of Marianne Schöberl and Wolfgang Klameth, the project management by Dagmar Guttmann, and the research assistance of Traude Novak and Eva Sokoll.

A lifeline for Europe's young radical innovators. Bruegel Policy Brief 2009/01, March 2009 (2009)

Veugelers, Reinhilde.

Europe’s young, dynamic, high-growth firms are in a precarious position, despite their pivotal role in bringing radically new innovations to market. EU start-ups face higher entry and growth...

On Young Innovative Companies: Why they matter and how (not) to policy support them (2008)

Schneider, Cedric, Veugelers, Reinhilde

Recent policy initiatives in the EU aim at supporting so-called Young Innovative Companies (YICs). This paper provides empirical evidence from German CIS data on the innovative performances of this...

Towards Evidence-based Reform of European Universities (2008)

Van Der Ploeg, Frederick, Veugelers, Reinhilde

After the Bologna agreement and the Lisbon Agenda, reform of European university systems has been higher on the political agenda. This is necessary, since most European universities have been...

In search of performance effects of (in)direct industry science links (2008)

Cassiman, Bruno, Veugelers, Reinhilde, Zuniga, Pluvia

Using patent data from the European Patent Office combined with firm-level data, we evaluate the contribution of science linkages to the innovation performance of a firm at the patent level. We...

Champions of Revealing – The Role of Open Source Developers in Commercial Firms (2008)

Joachim Henkel, Eric Brousseau, Linus Dahl, Marc Gruber, Dietmar Harhoff, Simone Käs, ...

The link between firms engaging in open source software (OSS) development and the OSS community is established by individual developers. This linkage might entail a principalagent issue due to the...

Importance of international linkages for local know-how flows - Some econometric evidence from Belgium (2007)

Reinhilde Veugelers, Bruno Cassiman

External knowledge is an important input for the innovation process of firms. Increasingly, this knowledge is likely to originate from outside of their national borders. This explains the...

External Technology Sources: Embodied or Disembodied Technology Acquisition (2007)

Bruno Cassiman, Reinhilde Veugelers

This paper analyzes the choice between different innovation activities of a firm. In particular, we study the technology acquisition decision of the firm, i.e. its technology BUY decision as part of...

Vínculos con la comunidad científica e impacto económico de la innovación: un análisis de empresas belgas incluidas en las encuestas CIS-3 (2007)

Cassiman, Bruno, Veugelers, Reinhilde, Zuniga, Pluvia

This paper examines the diversity of linkages of firms to science and their effect on innovation performance for a sample of Belgian firms (CIS-3). While at the sectoral level links to science are...

Higher Education Reform and the Renewed Lisbon Strategy: Role of Member States and the European Commission (2007)

VAN DER PLOEG, Frederick, VEUGELERS, Reinhilde

Discussions on problems in higher education in Europe typically focus on rising enrolment rates, access, governance, underperformance in research and teaching, lack of internationalisation, the lack...

Technology transfer offices and commercialization of university intellectual property: performance and policy implications (2007)

Siegel, Donald S., Veugelers, Reinhilde, Wright, Mike

The recent increase in the rate of commercialization of intellectual property at US and European universities has important performance and policy implications. We review recent studies of the...

Licensing of University Inventions: The Role of a Technology Transfer Office (2005)

Macho Stadler, Inés, Pérez Castrillo, J. David, Veugelers, Reinhilde

Proponemos un modelo teórico que ayuda a explicar el papel de las Oficinas de Transferencia de Tecnología (OTRI). Utilizando un marco en el que las empresas tienen información incompleta respecto...

Licensing of University Inventions: The Role of a Technology Transfer Office (2005)

Macho Stadler, Inés, Pérez Castrillo, J. David, Veugelers, Reinhilde

Proponemos un modelo teórico que ayuda a explicar el papel de las Oficinas de Transferencia de Tecnología (OTRI). Utilizando un marco en el que las empresas tienen información incompleta respecto...

A survey of the literature on the economic impact of Lisbon-type reforms (2005)

Fabienne Ilzkovitz, Adriaan Dierx, The Alfonso, John Berrigan, Marie Donnay, Mark Hayden, ...

The economic costs of non-Lisbon A survey of the literature on the economic impact of Lisbon-type reforms by Directorate-General for

Endogeneizing know-how flows through the nature of R&D investments (2000)

Pérez-Castrillo, David, Cassiman, Bruno, Veugelers, Reinhilde

In this paper we carefully link knowledge flows to and from a firms innovation process with this firms investment decisions. Three types of investments are considered: investments in applied...

Endogeneizing Know-How Flows through the Nature of R&D Investments (2000)

Cassiman, Bruno, Pérez Castrillo, David, Veugelers, Reinhilde

In this paper we carefully link knowledge flows to and from a firm’s innovation process with this firm’s investment decisions. Three types of investments are considered: investments in applied...

Importance of International Linkages for Local Know-How Flows. Some Econometric Evidence from Belgium (2000)

Veugelers, Reinhilde, Cassiman, Bruno

External knowledge is an important input for the innovation process of firms. Increasingly, this knowledge is likely to originate from outside of their national borders. This explains the...

External Technology Sources: Embodied or Disembodied Technology Acquisition (2000)

Cassiman, Bruno, Veugelers, Reinhilde

This paper analyzes the choice between different innovation activities of a firm. In particular, we study the technology acquisition decision of the firm, i.e. its technology BUY decision as part of...

Endogeneizing know-how flows through the nature of R&D investments (2000)

Pérez Castrillo, David, Cassiman, Bruno, Veugelers, Reinhilde

In this paper we carefully link knowledge flows to and from a firms innovation process with this firms investment decisions. Three types of investments are considered: investments in applied...

R&D Cooperation and Spillovers: Some Empirical Evidence (1998)

Cassiman, Bruno, Veugelers, Reinhilde

This paper provides some first empirical evidence on the relationship between R&D spillovers and R&D cooperation. The results suggest disentangling different aspects of know-how flows. Firms which...

Complementarity between Technology Make and Buy in Innovation Strategies: Evidence from Belgiam Manufacturing Firms (1998)

Cassiman, Bruno, Veugelers, Reinhilde

This paper characterizes the innovation strategy of manufacturing firms and examines the relation between the innovation strategy and important industry-, firm- and innovation-specific...

Top Research Productivity and its Persistence

Kelchtermans, Stijn, Veugelers, Reinhilde

The paper contributes to the debate on cumulative advantage effects in academic research by examining top performance in research and its persistence over time, using a panel dataset comprising the...

Strategic R&D Location by Multinational Firms: Spillovers, Technology Sourcing and Competition

Belderbos, Rene, Lykogianni, Elissavet, Veugelers, Reinhilde

We analyse strategic interaction in R&D internationalization decisions by two multinational firms competing both abroad and in their home markets and examine different incentives for foreign R&D...

Endogeneizing know-how flows through the nature of R&D investments

David Pérez-Castrillo, Bruno Cassiman, Reinhilde Veugelers

In this paper we carefully link knowledge flows to and from a firms innovation process with this firms investment decisions. Three types of investments are considered: investments in applied...

Corporate structure of leading firms in Europe: does country origin still matter?

Isabelle De Voldere, Leo Sleuwaegen, An Van Pelt, Reinhilde Veugelers

This article traces the changing impact of national differences on the geographical and industry diversification strategy of leading firms in Europe in 1987-2000, a period of intensified European...

Union Wage Bargaining and European Antidumping Policy in Imperfectly Competitive Markets

Konings, Jozef, Vandenbussche, Hylke, Veugelers, Reinhilde

The purpose of this paper is to analyse the interaction between union bargaining power and the likelihood and type of European antidumping measures (duties and undertakings) in imperfectly...

Higher Education Reform and the Renewed Lisbon Strategy: Role of Member States and the European Commission

Reinhilde Veugelers

This paper discusses rising enrolment rates, access, governance, underperformance in research and teaching, lack of internationalisation, private returns to education and the funding problems of...

Science linkages and innovation performance: An analysis on CIS-3 firms in Belgium

Cassiman, Bruno, Veugelers, Reinhilde, Zuniga, Pluvia

This paper examines the diversity of linkages of firms to science and their effect on innovation performance for a sample of Belgian firms (CIS-3). While at the sectoral level links to science are...

Are external technology sourcing strategies substitutes or complements? The case of embodied versus disembodied technology acquisition

Cassiman, Bruno, Veugelers, Reinhilde

This paper analyzes the choice between different external technology sourcing activities of a firm. On the one hand, the firm can acquire new technology which is embodied in personnel. On the other...

Higher Education Reform and the Renewed Lisbon Strategy: Role of Member States and the European Commission

Reinhilde Veugelers

Discussions on problems in higher education in Europe typically focus on rising enrolment rates, access, governance, underperformance in research and teaching, lack of internationalisation, the lack...

Assessing the Foreign Control of Production of Technology: The Case of a Small Open Economy

Cincera, Michele, Van Pottelsberghe, Bruno, Veugelers, Reinhilde

International R&D activities have grown significantly over the last two decades. Both the number of actors involved, as well as the importance of the technological activity carried out abroad, has...

Foreign subsidiaries as channel of international technology diffusion. Some direct firm level evidence from Belgium

Cassiman, Bruno, Veugelers, Reinhilde

The use of FDI as a channel of international spillovers is by now fairly established in the empirical literature on innovation and growth. It is often argued that subsidiaries of foreign MNEs are a...

Productivity growth, R&D and the role of international collaborative agreements: Some evidence for Belgian manufacturing companies

Michele Cincera, Lieselot Kempen, Reinhilde Veugelers, Carolina Villegas Sanchez

Using Belgian firm level data on R&D and productivity, this paper provides further evidence on the important role of knowledge in explaining performance at the firm level, by augmenting the classical...

Reputation as a Mechanism Alleviating Opportunistic Host Government Behavior against MNEs.

Veugelers, Reinhilde

The strategic options available to multinational enterprises and host governments, when the first contemplate investment in the latter's country, are marked by the possibility that no entry...

Stable R&D Cooperation with Spillovers.

Kesteloot, Katrien, Veugelers, Reinhilde

The literature on the incentives for R&D cooperation with spillovers typically deals only with the factors affecting cooperative profits. This paper focuses on the incentives to cheat and the...

Designing Contracts for University Spin-offs

InÉs Macho-Stadler, David Pérez-Castrillo, Reinhilde Veugelers

"We provide a theoretical model about how to design academic spin-off contracts between the university technology transfer office (TTO), the researcher, and the venture capitalist. The optimal...

Multinational knowledge spillovers with decentralised R&D: a game-theoretic approach

Francesca Sanna-Randaccio, Reinhilde Veugelers

This paper provides a theoretical model of the trade-offs that an MNE faces when organising its R&D as decentralised or centralised. R&D decentralisation avoids having to adapt centrally developed...

Locational Determinants and Ranking of Host Countries: An Empirical Assessment.

Veugelers, Reinhilde

An empirical analysis of the intra-OECD distribution of foreign affiliates among OECD host countries, taking into account the simultaneity between local production and exports as modes of foreign...

Importance of International Linkages for Local Know-How Flows: Some Econometric Evidence From Belgium

Cassiman, Bruno, Veugelers, Reinhilde

External knowledge is an important input for the innovation process of firms. Increasingly, this knowledge is likely to originate from outside of their national borders. This explains the...

R&D cooperation and spillovers: Some empirical evidence

Cassiman, Bruno, Veugelers, Reinhilde

Different aspects of external information flows have typically been lumped together under the name "spillovers". We attempt to refine our understanding of external information flows through the...

Complementarity in the innovation strategy: Internal R&D, external technology acquisition, and cooperation in R&D.

Cassiman, Bruno, Veugelers, Reinhilde

Successful innovation depends on the development and integration of new knowledge in the innovation process. In order to successfully innovate, the firm will combine different innovation activities....

Impact of M&A on the R&D process. An empirical analysis of the role of technological and market relatedness, The

Cassiman, Bruno, Colombo, Massimo, Garrone, Paola, Veugelers, Reinhilde

While the impact of M&A on R&D and innovation examined at the aggregate level left inconclusive evidence, we find that at the level of the R&D process both the technological and the market...

European Anti-dumping Policy and the Profitability of National and International Collusion

Vandenbussche, Hylke, Veugelers, Reinhilde

This paper is the first to study the effect of European antidumping policy on market structure, i.e. the incentives for firms to engage in a domestic or international cartel in a multi-stage setting....

Undertakings and Antidumping Jumping FDI in Europe

Belderbos, Rene, Vandenbussche, Hylke, Veugelers, Reinhilde

This paper studies the effects of EU antidumping policy when foreign firms have the possibility to 'jump' antidumping measures by engaging in foreign direct investment (FDI) in the EU. Using a...

R&D Cooperation and Spillovers: Some Empirical Evidence

Cassiman, Bruno, Veugelers, Reinhilde

Our results on the relationship between R&D spillovers and cooperation in R&D suggest that it is necessary to distinguish different aspects of external information flows. We construct firm-specific...

Endogenizing Know-How Flows Through the Nature of R&D Investments

Cassiman, Bruno, Pérez-Castrillo, J David, Veugelers, Reinhilde

In this Paper we carefully link knowledge flows to and from a firm’s innovation process with this firm’s investment decisions. Three types of investments are considered: investments in applied...

Multinational Knowledge Spillovers with Centralized versus Decentralized R&D: A Game Theoretic Approach

Sanna-Randaccio, Francesca, Veugelers, Reinhilde

This Paper provides a theoretical model on the trade-offs an MNE face when assigning subsidiaries an active role in innovation and organizing its R&D decentralized versus centralized. R&D...

Complementarity in the Innovation Strategy: Internal R&D, External Technology Acquisition and Cooperation

Cassiman, Bruno, Veugelers, Reinhilde

Successful innovation depends on the development and integration of new knowledge in the innovation process. In order to innovate successfully, the firm will combine different innovation activities....

R&D Cooperation Between Firms and Universities: Some Empirical Evidence from Belgian Manufacturing

Cassiman, Bruno, Veugelers, Reinhilde

This Paper presents an econometric analysis of firm and industry characteristics conducive to cooperation with universities, using Community Innovation Survey data for Belgium. We find that large...

Heterogeneity in R&D Cooperation Strategies

Belderbos, Rene, Carree, Martin A, Diederen, Bert, Lokshin, Boris, Veugelers, Reinhilde

We explore heterogeneities in the determinants of innovating firms’ decisions to engage in R&D cooperation, differentiating between three types of cooperation partners: suppliers and customers...

Unionization and European Antidumping Protection.

Vandenbussche, Hylke, Veugelers, Reinhilde, Konings, Jozef

In recent decades, the WTO has resulted in a worldwide reduction of tariffs and VERs. Instead a new type of trade policy has emerged in the form of antidumping measures. In principle their use should...

Complementarity between Technology Make and Buy in Innovation Strategies: Evidence from Belgiam Manufacturing Firms

Bruno Cassiman, Reinhilde Veugelers

This paper characterizes the innovation strategy of manufacturing firms and examines the relation between the innovation strategy and important industry-, firm- and innovation-specific...

R&D Cooperation and Spillovers: Some Empirical Evidence

Bruno Cassiman, Reinhilde Veugelers

This paper provides some first empirical evidence on the relationship between R&D spillovers and R&D cooperation. The results suggest disentangling different aspects of know-how flows. Firms which...

Importance of International Linkages for Local Know-How Flows. Some Econometric Evidence from Belgium

Reinhilde Veugelers, Bruno Cassiman

External knowledge is an important input for the innovation process of firms. Increasingly, this knowledge is likely to originate from outside of their national borders. This explains the...

External Technology Sources: Embodied or Disembodied Technology Acquisition

Bruno Cassiman, Reinhilde Veugelers

This paper analyzes the choice between different innovation activities of a firm. In particular, we study the technology acquisition decision of the firm, i.e. its technology BUY decision as part of...

Endogeneizing Know-How Flows through the Nature of R&D Investments

Bruno Cassiman, David Pérez Castrillo, Reinhilde Veugelers

In this paper we carefully link knowledge flows to and from a firm’s innovation process with this firm’s investment decisions. Three types of investments are considered: investments in applied...

Reforming European Universities: Scope for an Evidence-Based Process

Reinhilde Veugelers

Universities are key players in the successful transition to a knowledge-based economy and society. However, this crucial sector of society needs restructuring if Europe is not to lose out in the...

Strategic R&D Location by Multinational Firms: Spillovers, Technology Sourcing, and Competition

René Belderbos, Elissavet Lykogianni, Reinhilde Veugelers

"This paper develops a model of strategic interaction in R&D internationalization decisions between two multinational firms, competing both abroad and in their home markets. It examines different...

In search of performance effects of (in)direct industry science links

Bruno Cassiman, Reinhilde Veugelers, Pluvia Zuniga

Using patent data from the European Patent Office combined with firm-level data, we evaluate the contribution of science linkages to the innovation performance of a firm at the patent level. We...

On Young Innovative Companies: Why they matter and how (not) to policy support them

Schneider, Cedric, Veugelers, Reinhilde

Recent policy initiatives in the EU aim at supporting so-called Young Innovative Companies (YICs). This paper provides empirical evidence from German CIS data on the innovative performances of this...

Financing SMEs in Europe

Rym Ayadi, Beat Bernet, Simona Bovha-Padilla, Tom Franck, Nancy Huyghebaert, Vitor Gaspar, ...

Small and medium-sized enterprises are a centrepiece of Europe’s economy. Due to their limited size and their generally lower creditworthiness, their access to financial market instruments is more...

Diversity of science linkages and innovation performance: some empirical evidence from Flemish firms

Cassiman, Bruno, Veugelers, Reinhilde, Zuniga, Pluvia

This paper examines the diversity of the types of links of firms to science and their effect on innovation performance for a sample of Belgian firms. While at the industry level links to science are...