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Heavyweights – The Impact of Large Businesses on Productivity Growth

Falck, Oliver - CESifo - 2007

The idea of an industrial policy that promotes large businesses—heavyweights—as the best way to compete in a globalized world has become, again, en vogue among European politicians. The only apparent controversy about the idea revolves around whether it is better to promote national...

Persistent link: https://www.econbiz.de/10005405979

Firm Size and Monetary Policy Transmission – Evidence from German Business Survey Data

Ehrmann, Michael - CESifo - 2004

Using business survey data on German manufacturing firms, this paper provides tests for hypotheses formulated in capital market imperfection theories that predict distributional effects in the transmission of monetary policy. The business conditions of small firms are found to be somewhat more...

Persistent link: https://www.econbiz.de/10005405801

Firm Size and Diversification: Asymmetric Multiproduct Firms under Cournot Competition

Grossmann, Volker - CESifo - 2003

A positive relationship between firm size and product diversification is a long-standing stylized fact. However, so far there is no appropriate theoretical model to explain the underlying forces of this observation. This paper analyzes an oligopoly model with asymmetric multiproduct frms, which...

Persistent link: https://www.econbiz.de/10005406151

Managerial Job Assignment and Imperfect Competition in Asymmetric Equilibrium

Grossmann, Volker - CESifo - 2003

This paper develops a model with multiple market locations in which the quality of intangible assets of firms, provided by management, determines the firms. performance. Despite an ex ante symmetry of potential entrants, the equilibrium assignment of heterogeneous managerial skills to firms...

Persistent link: https://www.econbiz.de/10005416518

Business Strategy and Firm Reorganization under Changing Market Conditions

Ghosal, Vivek - CESifo - 2009

This study is framed against the increasingly stringent environmental demands on the pulp and paper industry since the late-1980s to reduce water and air pollution, and the global economic slowdown of the early-1990s. The primary focus of this paper is an observation-based analysis conducted by...

Persistent link: https://www.econbiz.de/10004979391

Determinants of Survival of Newly Created SMEs in the Brazilian Manufacturing: An Econometric Study

Facanha, Luis Otávio; Resende, Marcelo; Cardoso, Vicente - CESifo - 2012

The paper investigates the survival of newly created small and medium enterprises in Brazilian manufacturing taking as reference the 1996-2005 period. The econometric analysis relies on time-varying version of the proportional hazard rate model that controls for unobserved heterogeneity. The...

Persistent link: https://www.econbiz.de/10009645649

Technological Regimes in the Brazilian Manufacturing Industry: An Empirical Investigation

Vieira, Vinicius; Resende, Marcelo - CESifo - 2013

The paper aims at assessing technological regimes in the context of the Brazilian manufacturing industry along the 2000-2005 period. The industries were classified in terms of SM-I and SM-II technological regimes by means of multivariate statistical methods based on variable approximating...

Persistent link: https://www.econbiz.de/10010608712

Strategic Approaches to CO2 Emissions - The Case of the Cement Industry and of the Chemical Industry

Arjaliès, Diane Laure; Goubet, Cécile; Ponssard, … - CESifo - 2014

The ability of companies to turn an environmental constraint into a source of strategic opportunities is a controversial topic in published research. The article, which is based on a comparative study of the CO2 emission reduction strategies implemented by the cement and chemical industries,...

Persistent link: https://www.econbiz.de/10010877636

How Do Judgmental Overconfidence and Overoptimism Shape Innovative Activity?

Herz, Holger; Schunk, Daniel; Zehnder, Christian - CESifo - 2013

that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism leads to an innovation enhancing effect, judgmental overconfidence inhibits innovation …. Our results indicate that future research is well advised to take into account that the relationship between innovation …

Persistent link: https://www.econbiz.de/10010877694

Innovation Contests

Pérez-Castrillo, David; Wettstein, David - CESifo - 2014

We study innovation contests with asymmetric information and identical contestants, where contestants’ efforts and … highest quality and receives the revenue generated by the innovation. We characterize the equilibrium behavior, outcomes and …

Persistent link: https://www.econbiz.de/10010877748