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The debate on competition and innovation has produced a wide range of theoretical and empirical findings. Recently … innovation. We aim to contribute to the debate by investigating whether product-market competition and corporate governance … quality affect firm-level innovation, utilising a dataset for 1,400 non-financial US-listed companies. Using two-way cluster …
Persistent link: https://www.econbiz.de/10011258940
used as output measure of innovation. Third, corporate governance indicators such as anti-takeover defences and insider …Existing research on the relationship between market concentration and innovation has produced conflicting findings. In … addition, the emerging literature on the relationship between corporate governance and innovation tends to focus only on …
Persistent link: https://www.econbiz.de/10011258419
Firms producing differentiated products have high margins and therefore low risk. As a result firms invest more into developing differentiated products when they perceive risk is high. Higher risk also implies higher product skewness towards more differentiated products and therefore higher...
Persistent link: https://www.econbiz.de/10009397195
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
1992-1998. The author analyzes the state innovation policy in Russia, highlights the major problems of implementation of … industrial innovation, and offers solutions. …
Persistent link: https://www.econbiz.de/10011108174
quantifies the effect of binding financial constraints on the innovation propensity of Italian companies. Once provided a rich … baseline specification for innovation, I analyze the impact of financial constraints by exploiting a survey-based direct … features. My results show firms that are more likely to suffer from financial problems to have a probability of innovation that …
Persistent link: https://www.econbiz.de/10011109985
quantifies the effects of financial barriers to the innovation propensity of Italian companies. Employing direct measures of … feedback-effect of innovation on firms' financial position. Results suggest that the innovative propensity of a company is … reflected onto a stronger depressive effect of financial constraints on innovation (-34%). Finally, the paper also provides …
Persistent link: https://www.econbiz.de/10011111865
for international firms engaged both in environmental and in dirty activities. Firms' innovation, measured, as the … the lack of integrated innovation adoption behind environmental productivity performance. In this work, we analyse the … three economic areas: USA, Japan and Europe and we select their environmental and dirty patents from European Patent Office …
Persistent link: https://www.econbiz.de/10012961274
A substantial number of studies have extended the work on universal properties in physical systems to complex networks in social, biological, and technological systems. In this paper, we present a complex networks perspective on interfirm organizational networks by mapping, analyzing and...
Persistent link: https://www.econbiz.de/10009211228
The Council for Scientific and Industrial Research (CSIR) Ghana, together with the Natural Resources Institute of the United Kingdom and with input from the Ghana Institute of Management and Public Administration convened a one-day Policy Dialogue Forum on “Broadening Monitoring and Evaluation...
Persistent link: https://www.econbiz.de/10009372525