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competition and shorter windows of opportunity increase the pressure to grow rapidly to appropriate the returns from innovation …
Persistent link: https://www.econbiz.de/10013428335
We analyze the performance of firms in the German business-related services sector. A quarterly business survey provides the panel data base of our study. Firm performance is measured by the survey respondents' ordinal indication of their changes in total sales. We use a firstorder Markov chain...
Persistent link: https://www.econbiz.de/10013428340
This paper makes an empirical contribution to confirm the stylized fact that the performance of firms deteoriates in the years before exit. For this reason we evaluate whether market exits differ significantly in their employment development in the years before market drop-out compared to...
Persistent link: https://www.econbiz.de/10013428341
This paper shows that inventors with an early patenting success have a higher inventive productivity during their remaining career. We use European patent data for a period of 32 years for 1240 German inventors. The patent data are linked with survey data that provide information on an extensive...
Persistent link: https://www.econbiz.de/10012510353
Organizations constantly strive to unleash their entrepreneurial potential to keep up with market and technology changes. To this end, they engage employees in practices like corporate crowdsourcing, incubators, accelerators or hackathons. These organizational practices emulate independent...
Persistent link: https://www.econbiz.de/10012138447
Organisation capital is one of the key intangible assets of firms, driving innovation and firm performance. Measuring … databases, firm-specific human capital, brand equity), but excluding organisation capital. The residuum of the estimation is … considered as a measure of a firm' organisation capital. Using panel data from the German innovation survey, we find higher …
Persistent link: https://www.econbiz.de/10012215284
Mergers & acquisitions (M&A) are most popular external growth strategies. While the number of M&A has been increasing during the past decades, on average, only the shareholders of target firms gain value during the acquisitions process, while acquirers do not receive abnormal positive returns....
Persistent link: https://www.econbiz.de/10009405099
innovation systems, highlight the outline conditions for innovations in Germany, focusing above all on the basis of innovations … information flows and cooperation patterns within the innovation system of Germany. In the summary at the end of this paper we …In the following paragraphs we will discuss the 'mapping of innovative clusters in national innovation systems'. For …
Persistent link: https://www.econbiz.de/10013428185
knowledge spillovers are unmeasurable, a 'goodness of fit' measure is constructed using innovation survey data. It turns out … measures constructed from innovation survey data appear to work reasonably well while measures of the Euclidean technological …
Persistent link: https://www.econbiz.de/10013428289
Persistent link: https://www.econbiz.de/10013428557