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Traditional economic studies of innovation, built on the contribution of Schumpeter, cannot explain why firms of the … same size and market power can show largely different innovation performances. Contrastingly, the literature on corporate … governance provides some useful insights for understanding corporate innovation activity, to the extent that such literature …
Persistent link: https://www.econbiz.de/10008529324
This paper analyzes the fast development of consumer loans including housing loans in Cambodia to check whether or not such a development posts any stability risk to banking system in Cambodia. Using stress-testing method, the paper finds that current level of consumer loans provided by banks...
Persistent link: https://www.econbiz.de/10011112035
This paper focuses on the differences of capital market accessibility and investigates the determinants of firm debt securities issuance in emerging countries. The following results are derived from the empirical analysis. First, country panel analyses showed that the debt securities market...
Persistent link: https://www.econbiz.de/10009323440
Purpose Eco-innovation is any form of product, process or organisational innovation that contributes towards … sustainable development. Firms can eco-innovate in a variety of ways. In this paper we identify nine different eco-innovation …/ Approach Using data for over 2,000 Irish firms collected in a special module included in the sixth Community Innovation Survey …
Persistent link: https://www.econbiz.de/10011259123
We propose a model where both R&D and ICT investment feed into a system of three innovation output equations (product …, process and organizational innovation), which ultimately feeds into a productivity equation. We find that ICT investment and … usage are important drivers of innovation in both manufacturing and services. Doing more R&D has a positive effect on …
Persistent link: https://www.econbiz.de/10008534260
Innovation has become a central theme and challenge in the literature of entrepreneurship, SMEs management, and … strategic knowledge management and in the literature of organizational learning. Innovation needs a business environment that is … conducive to long-term investments in new business activities. This way, the development of innovation policy in SMEs forms an …
Persistent link: https://www.econbiz.de/10011111092
of firms’ classification according to pattern and intensity of innovation and the use of technology. This topic is of …' innovation competencies, the technology used, and the human skills. Firms in the sample are classified into 4 groups, named …
Persistent link: https://www.econbiz.de/10011257977
Although many economists do a serious and respectable work, main stream economic theory contains an almost complete disregard for the importance of social, cultural and political structures which are the very foundation of the society. Worse than that, such disregard is developed into arrogance...
Persistent link: https://www.econbiz.de/10008540105
There are many analytical papers and researches done in the field of examining and analyzing consequences of the Sarbanes Oxley Act (2002) and some done in the corporate governance in some Latin American countries. This paper chooses a different approach. First, it selects The US, Brazil and...
Persistent link: https://www.econbiz.de/10008784970
A large body of literature has shown that small firms, due to their opaqueness, may find it difficult to access the credit market. Informational asymmetries may be mitigated by posting collateral or by building relationships with lenders (relationship lending). However, in some cases, due to a...
Persistent link: https://www.econbiz.de/10005835569