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A key input to inventive activity is human capital. Hence it is important to understand the monetary incentives of inventors. We estimate the effect of patented inventions on individual earnings by linking data on U.S. patents and their inventors to Finnish employer-employee data. Returns are...
Persistent link: https://www.econbiz.de/10008530342
Performance indicators are increasingly used to regulate quality in health care and other areas of the public sector …
Persistent link: https://www.econbiz.de/10005123654
We analyse the effect of ownership on post-privatization performance in a virtually complete population of medium and … ownership improves economic performance, but domestic private ownership does not, relative to state-owned firms. Foreign firms … increasing profit. Ownership concentration is associated with superior performance, thus providing support to the agency theory …
Persistent link: https://www.econbiz.de/10005124464
against our data. We find that team size affects the impact of the incentive scheme upon performance. Moreover, while the …
Persistent link: https://www.econbiz.de/10005498005
In this paper firm level data are used to test whether competition affects productivity performance in three transition … pressure has a positive impact on firm performance in Hungary and Slovenia, but not in Romania, while in Romenia short …-run competitive pressure has a positive impact on performance. The paper also finds evidence that ownership matters. Traditional firms …
Persistent link: https://www.econbiz.de/10005498145
-advertising families. At the family level, flows have a convex relation with advertising expenditures, similar to that for performance … redemptions rather than increasing purchases of fund shares. We further find that advertising can affect the fund’s flow-performance …
Persistent link: https://www.econbiz.de/10011145467
We investigate an informal yet important mechanism in the private equity industry that helps to reduce uncertainty: relationship building. Based on a large sample of private equity funds over the 1980-2010 period, we find that the general partners strategically allocate good funds to loyal...
Persistent link: https://www.econbiz.de/10011186612
cases, trust-related active share delivers superior performance, whereas the economic magnitude is larger for cross …
Persistent link: https://www.econbiz.de/10011196025
bookmaker data. We find that, after the head-coach has been replaced, teams perform better than before. However, the performance … replacement of head-coaches does not improve team performance. …
Persistent link: https://www.econbiz.de/10011083836
and its subsequent benchmarkadjusted return is especially strong for small, high-fee funds. These results are consistent … to scale, we find evidence of industry-level decreasing returns: The positive turnover-performance relation weakens when …
Persistent link: https://www.econbiz.de/10011083863