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We examine why firms change their main bank and how this affects loans, interest payments and firm performance after switching. Using unique firm-bank matched Ukrainian data, the treatment effect estimates suggest that more transparent and riskier companies are more likely to switch their main...
Persistent link: https://www.econbiz.de/10003844336
Using firm-level panel data from the German cost structure survey over the period 1992 to 2000, our empirical analysis shows that firms that increased material inputs relative to internal labor costs performed better in terms of gross operating surplus than other firms. However, firms that...
Persistent link: https://www.econbiz.de/10011437001
In a standard dynamic stochastic general equilibrium framework, with sticky prices, the cross sectional distribution of output and inflation across a population of firms is studied. The only form of heterogeneity is confined to the probability that the ith changes its prices in response to a...
Persistent link: https://www.econbiz.de/10003844356
This paper compares the performance of purely domestic plants, domestic exporters and domestic multinationals. For our empirical analysis we utilise a non-parametric approach based on the principle of first order stochastic dominance. We find that the distributions for multinationals dominate...
Persistent link: https://www.econbiz.de/10011439152
well as growthoriented outcomes such as job creation and innovation. We find statistically significant and economically … stronger when focusing on the growth-oriented outcome of innovation. Furthermore, we observe that generalized self-efficacy is …
Persistent link: https://www.econbiz.de/10013493905
Persistent link: https://www.econbiz.de/10003577472
The article argues that IT continues to have strategic relevance for companies because it enables innovation. A … conceptual link between the adoption of IT and innovation is established. This conceptual link allows a market-based, economic … explanation for variations in IT payoffs among firms: The successful adoption of new IT leads to innovation. Depending on the …
Persistent link: https://www.econbiz.de/10002927900
job creation, expansion and innovation activities for up to 40 months after business formation. Using self … better, the higher they score on this index. E↵ects are particu-larly strong for growth oriented outcomes like innovation and … ambition, and necessity. We show that individuals driven by opportunity motives perform better in terms of innovation and …
Persistent link: https://www.econbiz.de/10013466552
technology affects the efficiency and productivity in innovation of technology acquiring firms. Using the stochastic frontier … analysis combined with a difference-in-difference matching approach and firm-level panel from the German Innovation Survey for … external R&D in innovation production, which is attributed by increasing returns to R&D scale and increasing technical …
Persistent link: https://www.econbiz.de/10009260253
We analyze the link between R&D, innovation, and productivity in MSMEs with a special focus on micro firms with fewer … the probability of reporting innovation, with a larger effect size for product than for process innovations. Moreover …, micro firms benefit in a comparable way from innovation processes as larger firms, as they are similarly able to increase …
Persistent link: https://www.econbiz.de/10011421890