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We use a panel of European firms to investigate the relationship between intangible assets and productivity. We disentangle between tfp and technology adoption, while available studies so far have considered only a notion of productivity conflating the two effects. To this aim, we estimate...
Persistent link: https://www.econbiz.de/10009687333
Persistent link: https://www.econbiz.de/10009387231
corporate governance. We develop a model of employee representation laws (ERL) and innovation in the presence of incomplete …We analyse how countries' innovation outcomes are affected by national legislations of worker participation to …, over the 1977-2005 period. We find that ERL effects on aggregate innovation output are positive, statistically significant …
Persistent link: https://www.econbiz.de/10011451287