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This paper investigates the effect of foreign currency (FC) derivative use on shareholder value. Exposures are broken down by currency, by whether the currency is appreciating or depreciating and by whether exposures are symmetric or asymmetric. We find that derivatives are effective in reducing...
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Provides an overview of the technical articles and features presented in this minitrack.
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international licensing agreements developed with the French Patent office (INPI). As a main result, we highlight a stronger …
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To protect intellectual property (IP), organizations use different kinds of mechanisms such as patent, secret or trade … secret (Hannah, 2005; 2007). Patent grants to the holder a temporary monopoly position including the right to sue for … in the industry and that the firm makes an effort to protect” (Fosfuri and Rønde, 2004: 46). Unlike patent relies on …
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Network industries are now characterized by a regime of permanent innovation, while they continue to be fixed and sunk …
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based on innovation. Private equity activity is in this regard a better mode of financing innovative enterprises added to …
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correlated to the size of investment of the innovation projects and the level of seniority is positively associated to the most … innovative projects. The seniority of champions explains positively the innovation success, but the hierarchical level has no …
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-statutory (trade secrets, design complexity, and lead-time advantage over competitors) or statutory (patent, design registration … relates to the type of innovation, the characteristics of the market sector in which they operate, the firms’ characteristics …
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