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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/10013428380
questions if innovation has truly been the main driver of those instruments. It provides a brief overview on the intersections … of politics, economics, innovation and institutions as well as the main choices, incentives and alliances of the … Brazilian government, which are illustrated by the Innovation Law, PITCE, PDP and campaign financing of President Lula's 2002 …
Persistent link: https://www.econbiz.de/10008836420
Persistent link: https://www.econbiz.de/10001531949
Firms producing differentiated products have high margins and therefore low risk. As a result firms invest more into developing differentiated products when they perceive risk is high. Higher risk also implies higher product skewness towards more differentiated products and therefore higher...
Persistent link: https://www.econbiz.de/10009397195
Corporate Growth is a concept that has been widely treated in a specific way or as part of strategy theories, in definition and in econometric models and has also been studied in many different aspects and approaches. The author describes in depth the main variables affecting corporate growth...
Persistent link: https://www.econbiz.de/10008490086
This study aims to analyze the evolution of Brazilian agricultural production from the 1960s to now. We will summarize some of the main findings from the historical view of Brazilian agriculture development. The arguments should rest here on how technical change and the national system of...
Persistent link: https://www.econbiz.de/10012060354
) and the complex systems evolutionary economics (EE) to address issues related to innovation processes, technological … of socio-technical systems of production and innovation. Finally, it provides a perspective of generality and scope, an … concepts in the context of the functioning of socio-technical systems of production and innovation. Then as a closure raises …
Persistent link: https://www.econbiz.de/10009322648
Industrialization has long been seen as the answer to underdevelopment and poverty. First this led countries to follow protectionist import substitution policies but as these failed developing countries have opened up to trade and FDI and tried to follow strategies of export driven...
Persistent link: https://www.econbiz.de/10010273444
innovation. In other words, competitiveness is a necessary but not sufficient condition for continued prosperity. Hence, the need …
Persistent link: https://www.econbiz.de/10011107392
We analyze the impact of subsidies on R&D expenditures in the financial crisis and beyond. The financial crisis has led to considerable turmoil in financing and, as a result, to restrictions of firms' access to external financing. Utilizing this fact, we identify and analyze financing...
Persistent link: https://www.econbiz.de/10012793582