Showing 1 - 10 of 1,689
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 …
Persistent link: https://www.econbiz.de/10003850304
We study the behavior of a firm that consistently maximizes a misspecified profit function. We provide an equilibrium concept where the misspecification error remains undetected. We examine the uniqueness and stability of the equilibria. The model of the price-taking firm belongs to this class....
Persistent link: https://www.econbiz.de/10013186353
This paper analyzes the allocation of workers to jobs and the wage distribution in Germany. Our main contribution is to …
Persistent link: https://www.econbiz.de/10011524613
Using a unique dataset on worldwide multinational corporations with precise location of headquarters and affiliates, I present evidence of a trade-off between distance to the headquarters and the knowledge intensity of the foreign subsidiary's economic activity, emerging from dynamics related to...
Persistent link: https://www.econbiz.de/10011864328
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 …
Persistent link: https://www.econbiz.de/10011283837
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 …
Persistent link: https://www.econbiz.de/10010249680
Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … exogenous to firms export performance. We find that innovation attributable to this variation leads to an increase of roughly 7 …
Persistent link: https://www.econbiz.de/10011402447
Persistent link: https://www.econbiz.de/10003496665
This paper deals with the implications of natural resources for the conduct of economic policies and the role and design of institutions in resource-rich countries. The paper briefly reviews the experience of a few resource-rich countries, highlighting the successes of those that have done well...
Persistent link: https://www.econbiz.de/10009010049
The paper aims at assessing discrete complementarities in innovation policies in the context of the Brazilian industry … in 2003. The paper considers the approach advanced by Mohnen and and Röller [European Economic Review, 2005] that focuses … on supermodularity and submodularity tests for obstacles to innovation (in the present application: lack of finance …
Persistent link: https://www.econbiz.de/10003883864