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We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010655943
incentives and (b) innovation effects of the proposed remedy. We discuss the economic basis for the Commission's claims that … and argue that the effects on innovation are not unambiguously negative as Microsoft claim. We conclude with some general … implications of the case for anti-trust enforcement in high innovation sectors. …
Persistent link: https://www.econbiz.de/10010702087
interaction among firm-level internationalization, innovation and productivity across seven European countries (Austria, France …-level characteristics across countries and sectors. We also find that the positive correlation between internationalization and innovation … internationalization goes beyond export and because, in the medium-to-long term, internationalization is driven by innovation. We recommend …
Persistent link: https://www.econbiz.de/10010759887
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …
Persistent link: https://www.econbiz.de/10010549053
effect which becomes more pronounced when we account for the endogeneity of innovation. This is the case for three different … count measures of innovation - a global measure of innovation and measures for labour innovations and capital innovations …
Persistent link: https://www.econbiz.de/10008476321
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …
Persistent link: https://www.econbiz.de/10005670440
innovation. Unlike previous literature based on survey data, we exploit the observed pattern of contributions - the .revealed …
Persistent link: https://www.econbiz.de/10005670637
Benford's Law is used to test for data irregularities. While novel, there are two weaknesses in the current methodology. First, test values used in practice are too conservative and the test values of this paper are more powerful and hold for fairly small samples. Second, testing requires...
Persistent link: https://www.econbiz.de/10010820101
Zack Cooper outlines evidence on the benefits of competition in healthcare - and the implications for the coalition government's NHS reform plans.
Persistent link: https://www.econbiz.de/10009147098
This paper embeds a principal-agent firm in an otherwise standard trade model a la Melitz (2003) to investigate the impact of globalization on the provision of managerial incentives and on the distribution of managerial compensation. Facing contractual frictions due to limited liability, firms...
Persistent link: https://www.econbiz.de/10009220234