this paper is an observation-based analysis conducted by visiting selected paper mills in Finland, the U.S., Germany and … relatively similar firms lends credence to the insights provided by Denrell, Fang and Winter (2003) and Zott (2003), among others … innovative activity in traditional industries such as pulp and paper. -- incremental innovation, ICT investments, modernization …

This paper analyzes the allocation of workers to jobs and the wage distribution in Germany. Our main contribution is to …

We investigate the effect of better access to foreign markets on innovation strategies of multi-product firms in … between the returns to innovation. In differentiated industries, cannibalization is lower and firms invest more in product … innovation. In homogeneous industries, firms internalize intra-firm spillovers and invest more in process innovation. We test …

Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …

Commonly used methods of production function estimation assume that a firm's output quantity can be observed as data …