The paper investigates the impact of ownership concentration on the likelihood that firms are involved in innovative activities or invest in research and development. We find that more dispersed ownership significantly increases the probability that a firm is engaged in innovation or invests in...

The aim of this paper is to analyse the retail prices of premiumGerman white wines sold in the Scandinavian countries. Germanwhite wines account for approximately 5-6 per cent of the total saleof wines – both red and white wines - in Denmark, Norway andSweden. However, the market shares of...

The aim of this paper is to analyse the retail prices of premium German white wines sold in the Scandinavian countries. German white wines account for approximately 5-6 per cent of the total sale of wines – both red and white wines - in Denmark, Norway and Sweden. However, the market...

The pharmaceutical companies face serious challenges in the coming future when several of the blockbuster drugs run out of patents and a growing political pressure to stop the fast increase in health care expenditures has emerged. The recent wave of merger and acquisitions within the industry...

No abstract.

During the last decades, traditional manufacturing firms in Western economies have undergone a rapid transformation. Two effects of the globalised economy prompting firms to outsource labour intensive production to low wage areas are the increased market size and the competition. Innovation is a...