Showing 1 - 10 of 288
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
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
, investments increase off-net traffic from the investor’s network but also from competitors’ networks. Regulation changes the … functions. Testing for a common regulation-investment effect provides evidence that the negative investment externality is not … due to regulation. …
Persistent link: https://www.econbiz.de/10008500714
This paper considers the impact of European telecom regulation on the value of affected companies. Employing a … repeating ARGARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject …, i.e. cross-market, country-specific and company-specific regulation. While standard event study approaches are a special …
Persistent link: https://www.econbiz.de/10008756427
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
This paper aims to shed light on firm specific drivers that lead firms to internationalise their innovation activities …’s competitive environment and the influence of innovation obstacles in the home country. In particular, the role of the potential … used to observe their impact on the decision to locate innovation activities in various countries and regions (China …
Persistent link: https://www.econbiz.de/10008469767
profit from lower uncertainty in innovation due to regulatory standards and demand-generating effects of regulation. In this … paper we analyse (a) whether regulation-driven environmental innovation generate similar innovation success compared to … other types of product and process innovation, and (b) whether regulation-driven environmental innovation increase or …
Persistent link: https://www.econbiz.de/10008694120
This paper examines empirically the relationship between innovation and market structure within a simultaneous … concentration. In contrast, competition enforces innovation, i.e. sales concentration has a negative impact on R&D. …
Persistent link: https://www.econbiz.de/10005098331
Buyer power is widely considered to decrease innovation incentives of suppliers. However, there is little empirical … evidence for this statement. Our paper analyses how buyer power influences innovation incentives of upstream firms while taking …
Persistent link: https://www.econbiz.de/10010985701
This paper investigates how competition and firm size affect the relationship between market uncertainty and R&D investment. We use an intuitively appealing measure of firm-specific uncertainty along with panel data to show that firms invest less in current R&D as uncertainty about market...
Persistent link: https://www.econbiz.de/10005097745