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This paper examines the effect of competition on the irreversible investment decisions under uncertainty as a generalization of the real option approach. We examine this issue with reference to an industry where each firm has only one investment opportunity which is completely irreversible and...
Persistent link: https://www.econbiz.de/10011591153
ultimately affect innovation and productivity in Uruguayan service firms compared to manufacturing firms. The results show that …-technological (e.g., organizational or marketing) innovations. ICT and other innovation investments are positively associated with …
Persistent link: https://www.econbiz.de/10011472357
This paper presents evidence of the effects of gender diversity on firm innovation outcomes and their productivity in … Colombian manufacturing firms, by extending a CDM model to include women’s participation in science, technology and innovation … endogeneity issues of women’s participation in STI and innovation behavior. An upward bias of the impact of gender diversity on …
Persistent link: https://www.econbiz.de/10011882005
We show that when the researcher’s (observable but not contractible) contribution to innovation is crucial, a covenant …
Persistent link: https://www.econbiz.de/10012142258
We briefly review the rationale behind technological alliances and provide a snapshot of their role in global competition, especially insofar as it is based around intellectual capital. They nicely illustrate the increased importance of horizontal agreements and thus establish the relevance of...
Persistent link: https://www.econbiz.de/10012142303
being involved in innovation activities. We distinguish between four types of innovation: product, process, organisational …, and marketing innovation. Moreover, we consider three di erent types of education for employees with at least 16 years of … innovation activities on rm productivity. Using a rotating panel data sample of Danish rms, we nd that di erent types of …
Persistent link: https://www.econbiz.de/10012142371
The paper analyzes the effects of competitive intensity on firms' incentives to invest in process innovations through an experiment based on two-stage games, where R&D investment choices are followed by product market competition. An increase in the intensity of competition is modeled as an...
Persistent link: https://www.econbiz.de/10003892455
The paper analyzes the effects of more intense competition on firms’ incentives to invest in process innovations. We carry out experiments based on two-stage games, where R&D investment choices are followed by product market competition. As predicted by theory, an increase in the number of...
Persistent link: https://www.econbiz.de/10003892458
even developed in both firms and markets. -- Ideas ; Innovation ; Entrepreneurship ; Firm Organization ; Start-Ups …
Persistent link: https://www.econbiz.de/10008728746
energy R&D expenditures. Technological innovation is measured using patent counts for specific technologies related to energy …. -- Innovation ; Technological Change ; Patents ; Energy-Efficiency ; Buildings ; Environmental Policy …
Persistent link: https://www.econbiz.de/10008736817