Showing 1 - 9 of 9
interaction among firm-level internationalization, innovation and productivity across seven European countries (Austria, France …-level characteristics across countries and sectors. We also find that the positive correlation between internationalization and innovation … internationalization goes beyond export and because, in the medium to long term, internationalization is likely driven by innovation. We …
Persistent link: https://www.econbiz.de/10011125974
long-run growth by increasing the profit from innovation. In the short run, factors of production must be reallocated … inside firms, which lowers the opportunity cost of innovation, generating an additional “trapped factor” effect. Starting …
Persistent link: https://www.econbiz.de/10011126023
interaction among firm-level internationalization, innovation and productivity across seven European countries (Austria, France …-level characteristics across countries and sectors. We also find that the positive correlation between internationalization and innovation … internationalization goes beyond export and because, in the medium-to-long term, internationalization is driven by innovation. We recommend …
Persistent link: https://www.econbiz.de/10011126527
, higher rates of innovation and faster employment growth. Second, there is a substantial dispersion of management practices …
Persistent link: https://www.econbiz.de/10011125935
CEO incentive contracts are commonplace in China but their incidence varies significantly across Chinese cities. We show that city and provincial policy experiments help explain this variance. We examine the role of two policy experiments: the use of Special Economic Zones (SEZs) to attract...
Persistent link: https://www.econbiz.de/10010884490
All that we know about the CEO labour market in China comes from studies of public listed companies and state-owned enterprises (SOEs). This paper is the first to examine the operation of the CEO labour market across all sectors of the Chinese economy. We do so using World Bank enterprise data...
Persistent link: https://www.econbiz.de/10010745536
Despite their theoretical value in tackling principal–agent problems at low cost to firms there is almost no empirical literature on the prevalence and correlates of performance bonds posted by corporate executives. We show that they are an important feature in today's CEO labour market in...
Persistent link: https://www.econbiz.de/10011126044
Using linked employer-employee data for all China's public listed firms over the period 2001-10, we find top executive compensation exhibits many of the traits familiar in the Western literature, although sometimes in a more muted way, and with some clear exceptions. We also find a role for...
Persistent link: https://www.econbiz.de/10011126733
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010745637