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Over the last two decades privatization programs in different countries radically reduced the role of the State as a key player in the economic arena. We use agency theory to discuss the theoretical relationship between changes in the firm's principal-agent structure following privatization, and...
Persistent link: https://www.econbiz.de/10011335727
This paper examines the link between imported technologies and a country's export performance, as measured by product quality. The analysis is set in the background of the process of regional integration between the EU and its neighbouring developing countries. The underlying question is whether...
Persistent link: https://www.econbiz.de/10011608618
With the release of the verified emissions for installations covered by the EU Emissions Trading Scheme for the first trading year 2005 we are able to compare actual emissions and allowances for each installation. Based on data available for 24 Member States as of January 2007, this paper uses a...
Persistent link: https://www.econbiz.de/10010312274
innovation related assets on the firm's market value (Griliches, 1981). We estimate the regression model on an original panel …
Persistent link: https://www.econbiz.de/10011335733
This paper examines which firms from a heterogeneous pool are more likely to join together and form a research joint venture (RJV). It differs from previous contributions as it introduces a set of realistic hypotheses on the characteristics of research co-operation and information sharing....
Persistent link: https://www.econbiz.de/10011608664
Europe is first and foremost urban. In the 1990s, cities emerge stronger on the European scene; they wish to become attractive to people and capital. Winning the battle of sustainability is central to this effort, and presupposes a thorough understanding of this frequently used term, with...
Persistent link: https://www.econbiz.de/10011608347