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Sources of spillovers for imitation and innovation

Cappelli, Riccardo; Czarnitzki, Dirk; Kraft, Kornelius - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013

market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and … research institutions enhance original innovation. …

Persistent link: https://www.econbiz.de/10010957653

Profit-sharing and innovation

Aerts, Kris; Kraft, Kornelius; Lang, Julia - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013

We investigate the effect of profit-sharing on product and process innovation. Profit-sharing is a credible commitment … that the introduction of profit-sharing only spurs product innovation. …

Persistent link: https://www.econbiz.de/10010957731

Capital Control, Debt Financing and Innovative Activity

Czarnitzki, Dirk; Kraft, Kornelius - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2004

innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …

Persistent link: https://www.econbiz.de/10005097531

Spillovers of Innovation Activities and Their Profitability

Czarnitzki, Dirk; Kraft, Kornelius - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007

Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company …

Persistent link: https://www.econbiz.de/10005097637

Haftungsregeln und Innovation

Czarnitzki, Dirk; Kraft, Kornelius - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2000

This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity …

Persistent link: https://www.econbiz.de/10005097836

On the Profitability of Innovative Assets

Kraft, Kornelius; Czarnitzki, Dirk - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2004

Successful innovative activity is a major contribution to the intangible capital of firms. Although its importance is generally acknowledged, the contribution to companies? profits is a priori unclear. We present the results of an empirical study on the effects of the patent stock on...

Persistent link: https://www.econbiz.de/10005097921

License Expenditures of Incumbents and Potential Entrants: An Empirical Analysis of Firm Behavior

Czarnitzki, Dirk; Kraft, Kornelius - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2005

variables the motives for innovation expenditures are also taken into account. We differentiate between firms which intend to …

Persistent link: https://www.econbiz.de/10005098126

Managerial ownership, entrenchment and innovation

Beyer, Mila; Czarnitzki, Dirk; Kraft, Kornelius - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011

as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …, and hence tend to over-invest into innovation. …

Persistent link: https://www.econbiz.de/10009003577

Open Source, ICT infrastructure and firm performance

Cerquera Dussán, Daniel; Müller, Bettina - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2009

This paper empirically studies the impact of the adoption of open source software (OSS) on firms' labor productivity and innovative behavior. Using a representative sample of German firms, the results show that the adoption of OSS operating systems for servers and general OSS applications has no...

Persistent link: https://www.econbiz.de/10008615600

Durable Goods, Innovation and Network Externalities

Cerquera Dussán, Daniel - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007

We develop a model of R&D competition between an incumbent and a potential entrant with network externalities and durable goods. We show that the threat of entry eliminates the commitment problem that an incumbent may face in its R&D decision due to the goods? durability. Moreover, a potential...

Persistent link: https://www.econbiz.de/10005097721