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details of liability regulation and taxation rules which German entrepreneurs face when choosing a particular legal form for … as forced liquidation. Firms under limited liability are characterized by higher growth and higher insolvency rates than … comparable firm under full liability. We also confirm the previously found negative relationship between employment growth and …
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expected harm. We find that, even with customers being perfectly informed about product variants' safety, product liability can … discrimination. In this context, strict liability has to be accompanied by a defense of product misuse, but reasonable use of the …
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From a firm’s perspective two competing forces are driving the decision to invest in innovation. On the one hand, innovative performance is an important driver of profitability and growth. On the other hand, investments in innovation suffer from negative externalities, i.e. spillovers to other...
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