Showing 1 - 8 of 8
The impact of R&D on growth through spillovers has been a major topic of economic research over the last thirty years …. A central problem in the literature is that firm performance is affected by two countervailing "spillovers": a positive … effect from technology (knowledge) spillovers and negative business stealing effects from product market rivals. We develop a …
Persistent link: https://www.econbiz.de/10005670643
This paper analyzes differences in R&D spending and in the impact of R&D on productivity between German and UK firms …
Persistent link: https://www.econbiz.de/10005016788
For both practitioners and researchers, span of control plays an important role in defining and understanding the role of the CEO. In this paper, we combine organizational chart information for a sample of 65 companies with detailed data on how their CEOs allocate their work time, which we...
Persistent link: https://www.econbiz.de/10010543481
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...
Persistent link: https://www.econbiz.de/10010549053
, where family ownership is widespread and the productivity dispersion across firms is substantial. Time use analysis of 356 … devote to work activities, and longer working hours are associated with higher firm productivity, growth, profitability and …
Persistent link: https://www.econbiz.de/10010721416
" hypothesis that foreign research labs located on US soil tap into US R&D spillovers and improvehome country productivity. Using …
Persistent link: https://www.econbiz.de/10005797205
UK productivity stagnated after the Great Recession of 2008-09 and remains about 15 percent below historical trends …. This 'productivity puzzle' is due to a mixture of cyclical and structural effects - the fall is not entirely permanent; and … average. Chronically low investment especially in infrastructure and innovation, poor management and weak intermediate skills …
Persistent link: https://www.econbiz.de/10011203044
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...
Persistent link: https://www.econbiz.de/10005670440