This paper uses data from a nationally representative panel of establishments to estimate the effects of German works councils on firm performance, 1997 - 2000. We analyze the impact of this institution on sales and sales growth using OLC and fixed effect estimates of a translog production...

Obgleich die Betriebsräte ein Kernelement des bundesdeutschen Systems der industriellen Beziehungen darstellen, gibt es kaum zuverlässige Informationen über ihre Verbreitung. Der folgende Beitrag verwendet Daten des IAB-Betriebspanels um die Verbreitung von Betriebsräten in unterschiedlichen...

It is known that small firms rely mainly on the CEO's individual knowledge for developing innovations. Recent work suggests that this approach is inefficient since it underutilizes other employees' knowledge. We study to which extent using CEOs, managers and non-managerial employees' ideas...

Do academic scientists bring valuable human capital to the companies they found or join? If so, what are the particular skills that compose their human capital and how are these skills related to firm performance? This paper examines these questions using a particular group of academic...

The present paper first discusses theoretically the different incentives of manager- versus owner-controlled firms for investment into innovative activity. In addition, the role of debt financing is analyzed. Subsequently the results from an empirical study on the determinants of innovative...

This study focuses on the impact of R&D policies in Flanders. We conduct a treatment effects analysis at the firm level to investigate possible crowdingout effects on the input side of the innovation process. Different specifications of R&D activity are considered as outcome variables in the...

Young Innovative Companies (YIC) gained increasing attention from governments and scholars due to their expected high innovative performance and growth. Consequently, this study investigates whether Young Innovative Companies, as defined by the EU, grow more than other firms, both in terms of...