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as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …, and hence tend to over-invest into innovation. …
Persistent link: https://www.econbiz.de/10009003577
outsourcing of R&D activities to contract research organizations and its implications for innovation performance. This paper … findings suggest that technological uncertainty, contractual experience and openness to external knowledge sources motivate the …
Persistent link: https://www.econbiz.de/10005097539
Most of the existing empirical literature on the relationship of firm value and knowledge capital is based on the stock …. It turns out that innovative firms, i.e. those with a reasonable knowledge stock, have a better credit rating and thus …
Persistent link: https://www.econbiz.de/10005097946
We estimate the effects of R&D on firms' credit ratings and on financial distress. The main purpose is the comparison of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on firm value proxied by ratings in Western Germany, but a...
Persistent link: https://www.econbiz.de/10005098291
. A sound innovation capacity, especially knowledge, creativity, market and management skills let them become bridges for …During the last 20 years, R&D and innovation activities in the service sector have clearly increased. Especially … information and communication technologies, knowledge-intensive business service firms increasingly play the role of "converters …
Persistent link: https://www.econbiz.de/10005098421
This paper considers the U.S. Small Business Innovation Research (SBIR) program as a policy fostering academic …
Persistent link: https://www.econbiz.de/10005059052