Cefis, Cefis, E.; Marsili, Marsili, O. - Erasmus Research Institute of Management (ERIM), … - 2007
This paper examines the effect of innovation on the risk of exit of a firm, distinguishing between different modes of … exits. Innovation represents a resource and a capability that helps a firm to build competitive advantage and remain in the … empirically by linking data on innovation and exits for a large sample of manufacturing firms in the Netherlands. The results show …