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The theoretical discussion concerning the question whether the incumbent or the (potential) entrant invests more into R&D has attracted considerable interest. This paper reports the results of an empirical study on this question using data of about 3500 German firms over the years 1992 to 1995....
Persistent link: https://www.econbiz.de/10013428313
between small and medium-sized (SME) and large (LE) enterprises. Using data from the Mannheim Innovation Panel (MIP) 2015 …
Persistent link: https://www.econbiz.de/10012055635
We study information flows in an organization with a top management (principal) and multiple subunits (agents) with private information that determines the organization's aggregate efficiency. Under centralization, eliciting the agents' private information may induce the principal to manipulate...
Persistent link: https://www.econbiz.de/10014476692
We study an agency model with vertical hierarchy - the principal, the prime-agent and the sub-agent. The principal faces a project that needs both agents' services. Due to costly communication, the principal receives a report only from the prime-agent, who receives a report from the sub-agent....
Persistent link: https://www.econbiz.de/10014503040
collaborate in R&D is increasing in R&D productivity. The key findings of the theoretical model are tested using German innovation … survey data for the service sector. A simultaneous model for cooperation choice and innovation expenditures shows that R …&D cooperation has a weakly significant positive effect on innovation expenditures. The empirical results broadly support the …
Persistent link: https://www.econbiz.de/10013428320
Recent innovation literature has documented the benefits of cross-pollination of ideas across a wide set of industries …
Persistent link: https://www.econbiz.de/10012150167
Persistent link: https://www.econbiz.de/10003469400
Recently, integrating Transaction Cost Economic (TCE) and Resource Based View (RBV) arguments has become one of the most prominent theoretical approaches in research on business relationships. We question this dominance and strengthen an exclusive TCE perspective by recalling two of the core TCE...
Persistent link: https://www.econbiz.de/10008665459
Persistent link: https://www.econbiz.de/10003932649
. In our empirical study for the period 2003-2011, we find that (a) banks which are specialized in certain industries have …
Persistent link: https://www.econbiz.de/10010233376