Showing 1 - 10 of 77
A necessary criterion for a performance measure in corporate governance is the degree to which it mirrors how well the management succeeds in maximizing firm value. Such a performance measure is marginal q which links changes in firm value to the investments decided by the management. Empirical...
Persistent link: https://www.econbiz.de/10005644963
Information problems and lack of collateral value should make R&D more susceptible to financing frictions than other investments, yet existing evidence on whether financing constraints limit R&D is decidedly mixed, particularly in studies of non-U.S. firms. We study a large sample of European...
Persistent link: https://www.econbiz.de/10011124340
. Implementing a dynamic panel data approach on Swedish micro data, we test the separate and complementary effect of innovation and … innovators, temporary innovators and non-innovators. The results are consistent regardless of whether innovation efforts are …
Persistent link: https://www.econbiz.de/10010885284
In this paper we analyze how firms’ knowledge absorption capacity – given the knowledge environment – affects the development, adoption and introduction of new export products among Swedish manufacturing firms. Our model formulation builds on theoretical arguments which imply that firms...
Persistent link: https://www.econbiz.de/10010885285
Lönespridningen bland OECD-länderna har ökat kontinuerligt under de senaste decennierna. Som förklaring anges bland annat ökad globalisering och handel, förändringar i den relativa efterfrågan och utbudet av arbetskraft samt institutionella förändringar, såsom fackföreningarnas roll...
Persistent link: https://www.econbiz.de/10010945053
Recent literature on firm innovation emphasize the importance of combinations of different knowledge sources in … innovation processes. Moreover, the literature on firm collaboration has evolved stepwise: (1) knowledge networks tend to be … important. By using data from a survey on innovation and collaboration of 636 firms in the county of Jönköping, Sweden, we find …
Persistent link: https://www.econbiz.de/10010945054
innovation output, as measured by firm patent applications. The effect is particularly strong for knowledge workers that have …
Persistent link: https://www.econbiz.de/10011265689
Innovation networking has become both more feasible with improved telecommunication and more important as it usually … innovation networks are not very common. In addition, the pattern of innovative networks is very fragmented. Our results indicate … that innovation networks are more likely to exist in densely populated areas with a diversified industry. Face …
Persistent link: https://www.econbiz.de/10005206976
This paper analyses the aspects of spatial economics that deals with innovation, regional specialization and dynamic … systems of functional regions and in particular the contributions made by the economist Börje Johansson. The innovation aspect … consists of innovation networks, knowledge sources and knowledge sinks, cost and innovation of product characteristics and …
Persistent link: https://www.econbiz.de/10005206977
Iceland is one of the smallest European economies and the country was hit severely by the 2008-financial crisis. This paper considers the economy in the period preceding the collapse. Applying a Data Envelopment Analysis on 204 randomly selected firms, the results suggest that a substantial...
Persistent link: https://www.econbiz.de/10005206979