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Corporate Leverage and Product Differentiation Strategy
Arping, Stefan; Lóránth, Gyöngyi - C.E.P.R. Discussion Papers - 2002
We explore the joint determination of product differentiation strategy and corporate leverage in a setting where (i) product differentiation is valued by customers; (ii) debt is necessary to discipline managers; and (iii) liquidation is costly for customers, in particular, when products are...
Persistent link: https://www.econbiz.de/10005661660
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Culture, Politics and Innovation: Evidence from the Creameries
O'Rourke, Kevin Hjortshøj - C.E.P.R. Discussion Papers - 2002
separator and the cooperative creamery. It asks whether variables identified as important for innovation and growth by cross …
Persistent link: https://www.econbiz.de/10005661832
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Are More Important Patents Approved More Slowly and Should They Be?
Régibeau, Pierre; Rockett, Katharine - C.E.P.R. Discussion Papers - 2007
quickly. Also, the approval delay is likely to decrease as an industry moves from the early stages of an innovation cycle to …
Persistent link: https://www.econbiz.de/10005661945
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Growth Effects of Non-Proprietary Innovation
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2001
may even reduce welfare. The reason is that it crowds our proprietary innovation, which on net may reduce total innovation …
Persistent link: https://www.econbiz.de/10005662038