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The interdependence of R&D activity and debt financing of young firms
Fryges, Helmut; Kohn, Karsten; Ullrich, Katrin - 2011
We investigate the interdependence of debt financing and R&D activities of young firms. Using micro-level data of the KfW/ZEW Start-up Panel, our estimation results show that firm characteristics are more important than personal characteristics of the founders for explaining young firms'...
Persistent link: https://www.econbiz.de/10009523478
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Investment under company-level pacts
Bellmann, Lutz; Gerner, Hans-Dieter; Hübler, Olaf - 2013
arise once specialized investment is made. Therefore, this paper investigates whether such agreements affect firm …-level investment. Based on the IAB Establishment Panel Survey 2001-2010 our estimates reveal that the adoption of a company-level pact … leads to a higher investment rate than in other firms driven by re-investment. However, the Great Recession has damped this …
Persistent link: https://www.econbiz.de/10009700205
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Capital prices and Eurozone competitiveness differentials
Askenazy, Philippe - 2013
Competitiveness differentials are blamed for the instability of the Eurozone. Most of the analyses focus on labour costs or labour-market institutions. This paper explores an additional source of differentials in competitiveness: land and building prices. European countries, especially France,...
Persistent link: https://www.econbiz.de/10009715724
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Dynamics of labour and capital adjustment : a comparison of Germany and the Netherlands
Polder, Michael (contributor); Verick, Sher (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002157921
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Non-linearities in the expansion of capital stock
Verick, Sher (contributor); Letterie, Wilko A. (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002036022
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Labor in the boardroom
Jäger, Simon; Schoefer, Benjamin; Heining, Jörg - 2019
reduces owners' capital investment - we find that granting formal control rights to workers raises capital formation. The … relations whereby shared governance raises capital by permitting workers to bargain over investment or by institutionalizing …
Persistent link: https://www.econbiz.de/10012138978