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Small firm innovation performance and employee involvement
Andries, Petra; Czarnitzki, Dirk - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012
It is known that small firms rely mainly on the CEO's individual knowledge for developing innovations. Recent work suggests that this approach is inefficient since it underutilizes other employees' knowledge. We study to which extent using CEOs, managers and non-managerial employees' ideas...
Persistent link: https://www.econbiz.de/10010957689
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Empirical determinants of employee resistance against innovations
Zwick, Thomas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2000
Employee resistance against innovations is a virulent phenomenon and there is a broad theoretical literature on its determinants. The empirical evidence is scarce, however, and mainly provides descriptive evidence on the incidence of the phenomenon and concentrates on the effectiveness of change...
Persistent link: https://www.econbiz.de/10005098384
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Combining technology and work organization: An analysis of complementarity between IT and decentralization across firms of different size
Rasel, Fabienne - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014
This paper examines whether information technology (IT) and decentralized work organization are complementary only for large firms or also for smaller firms. Empirical evidence, which suggests complementarity between IT and decentralization, is mainly based on large firms. Using data from a...
Persistent link: https://www.econbiz.de/10010957612
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Money for novelty: The role of venture capital investments for innovation in young technology-based firms
Heger, Diana - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
This paper examines the role of venture capital on a firm's innovation activities by using a data set of German technology-based firms founded between 1996 and 2005. Innovation is proxied by patent counts and an index of innovativeness which reflects the degree to which a young firm has...
Persistent link: https://www.econbiz.de/10010957632
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Mobile and more productive? Firm-level evidence on the productivity effects of mobile internet use at the early stage of diffusion
Bertschek, Irene; Niebel, Thomas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
Mobile internet access allows for flexibility with respect to working time and working place. We analyse whether employees' use of mobile internet access improves firms' labour productivity. Our data set comprises 2460 German firms and refers to the year 2010, when mobile internet started its...
Persistent link: https://www.econbiz.de/10010957699
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Benefits of Control, capital structure and company growth
Mueller, Elisabeth - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2005
This paper studies the influence of the benefits of control on the capital structure and the growth of private … companies in which existing owners would lose more control if they expanded, have smaller equity increases, are more highly … levered and grow more slowly. Potential loss of control is measured as the difference in the probability of winning a vote for …
Persistent link: https://www.econbiz.de/10005097529
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Building and Blocking: The Two Faces of Technology Acquisition
Grimpe, Christoph; Hussinger, Katrin - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008
Gaining access to technological assets and patents, in particular, has long been a major motive and objective for firm acquisitions. On the one hand, patents are used as a building instrument for the acquirer's technology portfolio. On the other hand, patents can be attractive because of their...
Persistent link: https://www.econbiz.de/10005097577
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Bankruptcy and Voluntary Liquidation: Evidence for New Firms in East and West Germany after Unification
Prantl, Susanne - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2003
Exploiting the unique economic situation after German unification, I investigate how exit decisions deviate between new firms in a transition and a comparatively stable market environment. Two competing exit mechanisms are considered: entrepreneurial self-selection via voluntary liquidation and...
Persistent link: https://www.econbiz.de/10005097747
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Absorptive Capacity: One Size Fits All? Firm-level Analysis of Absorptive Capacity for Different Kinds of Knowledge
Schmidt, Tobias - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2005
The paper empirically analyses the effect of R&D activities, human resource and knowledge management, and the organisation of knowledge sharing within a firm on the absorptive capacity of innovative firms for three different types of knowledge, namely absorptive capacity to use knowledge from a...
Persistent link: https://www.econbiz.de/10005097986
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Firm Acquisitions and Technology Strategy: Corporate versus Private Equity Investors
Hussinger, Katrin; Grimpe, Christoph - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007
Over the last few years, worldwide mergers and acquisitions (M&A) have increased sharply both in terms of value and volume. This development has not only been driven by corporate acquirers but also to an increasing extent by private equity investors. In this paper, we analyze differences in...
Persistent link: https://www.econbiz.de/10005098177