The aim of this paper is to analyse the effects of knowledge management on theinnovation success of firms in Germany. Using a matching procedure on data from theGerman Innovation Survey of 2003 (“Mannheim Innovation Panel”), we pair firmsapplying knowledge management with twin firms with...

In this paper we consider a regulated monopoly that can pad its costs to increaseits cost reimbursement. Even while padding is ineácient the optimal incentivescheme tolerates some padding of costs to reduce the information rents paid tolow cost types. It is shown that high cost ßrms pad costs...

Multinational corporations (MNC) search increasingly for lead market knowledge andtechnological expertise around the globe. We investigate whether their subsidiaries gainaccess to these valuable sources of host country knowledge to the same degree as domesticrivals. We develop a theoretical...