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This paper considers the effect of different firm leadership on the innovative performance of firms from seven EU countries. We investigate whether owner-led or manager-led firms achieve a larger share of their turnover with product innovations. Economic theory does not propose clear answers to...
Persistent link: https://www.econbiz.de/10005098231
Determining the research and development (R&D) boundaries of the firm as the choice between internal, collaborative and external technology acquisition has since long been a major challenge for firms to secure a continuous stream of innovative products or processes. While research on R&D...
Persistent link: https://www.econbiz.de/10005097539
We apply censored quantile regressions to representative German register data with more than 91,000 observations in order to determine crucial factors that influence the distribution of unemployment duration in West Germany during the 1980s and 1990s. We find that the effect of some regressors...
Persistent link: https://www.econbiz.de/10005097725
to get public grants in the future. Empirically, it turns out that public grants raise the firms? privately financed … innovative activities. The more grants a firm has received in the past, the more it invests in current innovation projects …. Furthermore, innovating firms are more likely to have future access to public grants. Additionally, the share of university …
Persistent link: https://www.econbiz.de/10005097741
Mergers and acquisitions (M&As) constitute a disruption to the working environment of the inventive labor force of the acquired company. If inventors would respond with a decline of their patent productivity or departure from the firm this can be detrimental to the innovative process within the...
Persistent link: https://www.econbiz.de/10005097752
This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative activities. There are opposing effects concerning R&D intensity in the manager-controlled firm. Our study on the determinants of R&D intensity presents empirical results concerning...
Persistent link: https://www.econbiz.de/10005097769
The literature on skill-biased technological change concentrates on highly skilled and unskilled employees. It is unclear, however, if the employment opportunities of the majority of the labour force in Germany-employees with a degree from the dual apprenticeship system-increase or not. In...
Persistent link: https://www.econbiz.de/10005097772
Powell?s (1984) Censored Least Absolute Deviations estimator (CLAD). Furthermore, results of ordered probit models show that …
Persistent link: https://www.econbiz.de/10005097782
R&D cooperation only considered process innovation, the model presented here also takes product innovation into account … main hypothesis of our theoretical model are tested in the empirical part of this paper. …
Persistent link: https://www.econbiz.de/10005097813
In dieser Studie werden die Anreize für Innovationsaktivitäten von Firmen mit beschränkter und unbeschränkter Haftung untersucht. Innovationen sind mit einem gewissen Risiko behaftet. Firmeneigner können ihr persönliches Risiko jedoch begrenzen, wenn das Unternehmen eine Rechstform mit...
Persistent link: https://www.econbiz.de/10005097836