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An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...
Persistent link: https://www.econbiz.de/10005090583
effects of cooperative innovation activities and analyzes furthermore how dif- ferent dimensions of regional knowledge affect …The literature on "Innovation Systems" is divided into several directories. Dif- ferences occur through the definition … the regional effects on coopera- tive innovation activities. We find evidence that the related variety of knowl- edge …
Persistent link: https://www.econbiz.de/10004964130
A new model of economic growth introduces the knowledge filter between new knowledge and economically useful knowledge …. It identifies both new ventures and incumbent firms as the mechanisms that penetrate the knowledge filter. Recent … empirical work has shown that new firms are more proficient at penetrating the knowledge filter than are incumbent firms …
Persistent link: https://www.econbiz.de/10005090542
A new model of economic growth introduces the knowledge filter between new generic knowledge and economically …-useful knowledge. It identifies both the formation of new ventures and the absorptive capacity of incumbent firms as the mechanisms … that penetrate the knowledge filter. Recent empirical work has shown that new firms are more proficient at penetrating the …
Persistent link: https://www.econbiz.de/10005090606
In this paper the profitability of German car manufacturing firms is related to different indicators for the knowledge … information about the kind of exit of the firms is exploited to construct a latent profitability variable. Knowledge is … knowledge is significantly positively related to firm profitability and that each of the three knowledge forms exerts an …
Persistent link: https://www.econbiz.de/10005105645
importance of employee training practices undertaken in firms as an important tool for human resource and knowledge management … establishment data on various aspects of training practices and innovation activities in Germany, the paper examines the degree … works councils as an instrument for a firm's total training activities that correlate with innovation, and weak support when …
Persistent link: https://www.econbiz.de/10010884480
This paper analyzes whether firms conducting internal R&D and acquiring external high-tech equipment experience a complementarity effect. For German CIS data we conduct a complete set of indirect and direct complementarity tests refining the analysis by looking at various types of innovations...
Persistent link: https://www.econbiz.de/10010934890
The aim of this paper is to test how geographical and technological proximity relate to a particular industry's innovative output. Two mechanisms are therefore tested, i.e. agglomeration economies and the regional exploitation of technological proximity. A new dataset is applied, which includes...
Persistent link: https://www.econbiz.de/10008511321
The aim of this paper is to analyse the effects of knowledge management on the innovation success of firms in Germany …. Using a matching procedure on data from the German Innovation Survey of 2003 ("Mannheim Innovation Panel"), we pair firms … applying knowledge management with twin firms with similar characteristics not applying knowledge management. Our focus is on …
Persistent link: https://www.econbiz.de/10004980453
we do not find those effects for the other industries due to their idiosyncratic innovation and patenting behaviour. …
Persistent link: https://www.econbiz.de/10004984634