competition is weak and/or when (b) family-owned firms pass management control down to the eldest sons (primo geniture). European … firms report lower levels of competition, while French and British firms also report substantially higher levels of primo … market competition and family firms account for about half of the long tail of badly managed firms and up to two thirds of …

impede innovation. This argument, however, fails to recognize that modern family firms can benefit from capitalist … institutions that promote innovation. Using a comprehensive sample of U.S. family-owned public firms and patents for the period … from 1998 to 2010, we show that family ownership plays multiple roles in promoting innovation and its influence can be …

critical size, and competition to reach a critical level of intensity. By allowing an economy to produce a greater variety of … must then become larger to break even, which facilitates amortizing the fixed costs of innovation. We demonstrate our …

We investigate whether inward FDI, either at the firm or industry level, has any impact on product innovation by … that export, invest in human capital or R&D, or have prior innovation experience. We also find that SOEs with internal R …

European Union countries have implemented widespread reforms to product markets in order to stimulate competition …, innovation and economic growth. We provide empirical evidence that the reforms carried out under the EU Single Market Programme … (SMP) were associated with increased product market competition, as measured by a reduction in average profitability, and …

competition in market economies. We find evidence of the importance of a minimum of rivalry in both innovation and growth: the …This Paper examines the importance of competition in the growth and development of firms. We make use of the large …-scale natural experiment of the shift from an economic system without competition to a market economy to shed light on the factors …

By choosing their organizations, firms trade-off productive efficiency and time spent in implementing innovation. We … impact of time in firm competition: in addition to weighing costs and benefits of late adoption, firms use time as a … strategic variable through the possibility of overtaking their competitors. Due to this very specificity of time competition …

transfer, and their implications for investment, innovation, and product market competition. The model also sheds light on the … communicate valuable knowledge to an entrepreneur, facilitating innovation. The venture capitalist can also communicate the …