Showing 1 - 10 of 94
at the firm level. Product innovation is a key factor for successful market entry in models of creative destruction and … Schumpeterian growth. Process innovation helps securing a firm’s market position given the characteristics of its product supply …. Both modes of innovation are expected to raise a firm’s propensity to export. According to new trade theory, we conjecture …
Persistent link: https://www.econbiz.de/10005416461
size in an industry fosters growth in terms of total factor productivity (TFP). The results suggest that the overall …
Persistent link: https://www.econbiz.de/10005405979
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and … of stronger persistence in productivity than in innovation. …
Persistent link: https://www.econbiz.de/10010670799
innovation. The firm’s disclosure strategy results from the trade-off between two effects on product market incentives. First …
Persistent link: https://www.econbiz.de/10005406251
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
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
, productivity, managerial skills and manager remuneration. …
Persistent link: https://www.econbiz.de/10005416518
We show the effects of the bargaining power of labour unions on product innovation under decentralised and centralised … union bargaining power increases innovation if bargaining is decentralised, the market expansion effect is weak and the cost … of innovation is moderate but low. Otherwise, a higher union bargaining power reduces innovation. Hence, whether a higher …
Persistent link: https://www.econbiz.de/10010948850
Reportedly, firms often find it impossible to finance large and long-term projects despite positive net present values. Should governments step in and can their assistance be effective? This paper studies the case of public export credit guarantees in Germany. Covering the default risk of...
Persistent link: https://www.econbiz.de/10010877647
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10010607007