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The strategic choices regarding innovation and R&D policy in Portugal have, over the last two decades, produced various … firms located throughout the country, and to explore those innovation determinants that have a region-specific connotation …. In our paper, innovation is used as a major contributor to the policy evaluation process referred to above. To provide a …
Persistent link: https://www.econbiz.de/10010326201
In recent decades there have been an enormous number of studies about innovation systems, partly inspired by a great … development strategies. Despite different perspectives, most studies highlight knowledge creation and innovation as the major … drivers of change and growth. This consensus disappears, however, as soon as the complexity of innovation and knowledge are …
Persistent link: https://www.econbiz.de/10010326175
Portuguese strategic choices regarding innovation and R&D policy have, over the past two decades, produced various … firms' contribution to national and regional growth, their obstacles and impacts. For the purpose of this paper, innovation … the present performance of Portuguese firms located throughout the country and to explore those innovation determinants …
Persistent link: https://www.econbiz.de/10010326179
Baker (2002) has demonstrated theoretically that the quality of performance measures used in compensation contracts hinges on two characteristics: noise and distortion. These criteria, though, will only be useful in practice as long as the noise and distortion of a performance measure can be...
Persistent link: https://www.econbiz.de/10010325988
Distorted performance measures in compensation contracts elicit suboptimal behavioral responses that may even prove to be dysfunctional (gaming). This paper applies the empirical test developed by Courty and Marschke (2008) to detect whether the widely used class of Residual Income based...
Persistent link: https://www.econbiz.de/10010377217