Showing 1 - 10 of 417
In recent years the Russian innovation policy has made a significant progress that manifests in developing its ‘tool … kit', increasing resource base, etc. However it has not yet succeeded in improving business innovation activities that … Russian industrial enterprises the authors analyze key features of innovation in Russian companies under economic recovery, as …
Persistent link: https://www.econbiz.de/10013083716
-term orientation and the local embeddedness of family firms suggest a positive effect on regional innovation activity. Yet, despite the … effect of family firms on regional innovation. Using a dataset of 326 German regions, our regressions show that regions with … a higher share of family firms also show higher levels of innovation activity, as measured by the number of successful …
Persistent link: https://www.econbiz.de/10008836745
innovation. In other words, competitiveness is a necessary but not sufficient condition for continued prosperity. Hence, the need … average income across countries. Consequently, the paper recommends the need to build the resilience of vulnerable populations …
Persistent link: https://www.econbiz.de/10011107392
The article discusses recent advances and future challenges in innovation studies. First, it separately considers four … main strands of research, studying innovation at the organisational, systemic, sectoral and macroeconomic levels. Then … technological and institutional change; the role of demand; and the impacts of innovation on individual and collective welfare …
Persistent link: https://www.econbiz.de/10008764696
Family firms are a widespread control structure in most countries, especially among smaller firms. A vast literature addresses the question of whether they are performing better or worse than comparable non family firms, with not entirely conclusive results. Here we take a different, indirect...
Persistent link: https://www.econbiz.de/10008559014
There are ongoing debates in the literature concerning the performance of family firms: some studies find superior performance among these companies, others find negative or neutral per-formance effects. In this research we employ agency theory to argue that the effects of family ownership vs....
Persistent link: https://www.econbiz.de/10008550560
We develop a dynamic model where each generation in a family firm can continue operating its inherited production technology or it could hire a professional to do the same. Though the professional is more qualified, his interests are not aligned with the interests of the family. In the context...
Persistent link: https://www.econbiz.de/10008498469
This paper analyzes the influence of large shareholders on earnings management in family-owned firms using a sample of firms from 11 European countries. We consider how the contest to the control of the largest shareholder and the existence of a controlling coalition in family-owned firms affect...
Persistent link: https://www.econbiz.de/10005619294
The main aim of the paper is to identify the succession strategies (especially the ways in which they attempt to balance the strive to maintain family’s control over the company with the goal of firm’s growth) of the first generation of Polish entrepreneurs. Research survey was conducted on...
Persistent link: https://www.econbiz.de/10009147700
According to the prior literature, family executives of family-controlled firms receive lower compensation than non-family executives. One of the key driving forces behind this is the existence of family members who are not involved in management, but own significant fraction of shares and...
Persistent link: https://www.econbiz.de/10011108030