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innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …
Persistent link: https://www.econbiz.de/10012710126
This paper investigates the impact of the financial crisis on investment decisions in innovative versus non-innovative firms. Firms are defined as being innovative if they have introduced a new product to the market. The empirical test is based on data for the years before and after the recent...
Persistent link: https://www.econbiz.de/10011339805
Innovation is regarded as a key driver of productivity and market growth and thus has a great potential for increasing … wealth. Surveying innovation activities of firms is an important contribution to a better understanding of the process of … innovation and how policy may intervene to maximise the social returns of private investment into innovation. Over the past three …
Persistent link: https://www.econbiz.de/10011672911
A growing literature investigates how firms' innovation input reacts to changes in the business cycle. However, so far … there is no evidence whether there is cyclicality in the effects of innovation on firm performance as well. In this paper …. (2014), our empirical analysis reveals four important findings: First, the net effect of product innovation on employment …
Persistent link: https://www.econbiz.de/10011563081
Persistent link: https://www.econbiz.de/10010408852
Persistent link: https://www.econbiz.de/10002368257
This paper investigates the impact of the financial crisis on investment decisions in innovative versus non-innovative firms. Firms are defined as being innovative if they have introduced a new product to the market. The empirical test is based on data for the years before and after the recent...
Persistent link: https://www.econbiz.de/10013014643
Innovation is regarded as a key driver of productivity and market growth and thus has a great potential for increasing … wealth. Surveying innovation activities of firms is an important contribution to a better understanding of the process of … innovation and how policy may intervene to maximise the social returns of private investment into innovation. Over the past three …
Persistent link: https://www.econbiz.de/10009738268
Innovation is regarded as a key driver of productivity and market growth and thus has a great potential for increasing … wealth. Surveying innovation activities of firms is an important contribution to a better understanding of the process of … innovation and how policy may intervene to maximise the social returns of private investment into innovation. Over the past three …
Persistent link: https://www.econbiz.de/10011672119
Persistent link: https://www.econbiz.de/10011853097