Similar Search Results

An Information Economics Perspective on Main Bank Relationships and Firm R&D

Hoewer, Daniel - 2011

more than 7,000 firm observations in Germany over a multi-year period. Our theoretical predictions are only supported for …

Persistent link: https://www.econbiz.de/10013121196

Capital Control, Debt Financing and Innovative Activity

Czarnitzki, Dirk - 2014

The present paper first discusses theoretically the different incentives of manager- versus owner-controlled firms for investment into innovative activity. In addition, the role of debt financing is analyzed. Subsequently the results from an empirical study on the determinants of innovative...

Persistent link: https://www.econbiz.de/10012710126

A Test of the Quality of Concentration Indices

Heger, Diana; Kraft, Kornelius - 2008

Theory predicts a positive relationship between market concentration and profitability in most scenarios. In empirical work, however, this relation is frequently not found or only a weak connection is observed. We compare the performance of concentration and market share variables, which are...

Persistent link: https://www.econbiz.de/10014214690

The Pulse of Liability of Foreignness : Dynamic Legitimacy and Experience Effects in the German Car Market

Kaiser, Ulrich; Sofka, Wolfgang - 2008

Globalization has provided many companies with new opportunities for growth and efficiency. This requires them to operate successfully across cultural and social borders. These can be stumbling blocks to internationalization and have been found to cause frequent errors and delays for...

Persistent link: https://www.econbiz.de/10014054947

There's No Place Like Home : A Strategic Framework to Overcome Liability of Foreignness in the German Car Market

Sofka, Wolfgang; Zimmermann, Jörg - 2008

Germany through firm-specific advantages. Still, some face significant challenges. A submarket analysis shows that home market … advantages are more deeply rooted in the Western part of Germany and that foreign competitors find a more accessible competitive … environment in Eastern Germany. Therefore, East Germany is a superior platform for deploying effective and efficient …

Persistent link: https://www.econbiz.de/10014060556

Do Spillovers Stimulate Incremental or Drastic Product Innovations? Hypotheses and Evidence from German Establishment Data

Kraft, Kornelius; Jirjahn, Uwe - 2014

We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive impact on incremental innovations. This impact is largely independent of the participation in R&D cooperations. Spillovers exert no such independent influence on drastic...

Persistent link: https://www.econbiz.de/10014027138

License Expenditures of Incumbents and Potential Entrants : An Empirical Analysis of Firm Behavior

Czarnitzki, Dirk; Kraft, Kornelius - 2015

This paper presents the results of an empirical test concerning the auction model of Gilbert and Newbery (1982). The study uses data on German companies in order to analyze expenditures for technology licenses. Aside of standard control variables the motives for innovation expenditures are also...

Persistent link: https://www.econbiz.de/10014064594