Even though it is well documented that privatization leads to an improvement in the performance of state … because it does not consider the performance of control firms of similar pre-privatization situations, i.e. the performance of … following privatization. Matching sample firms (privatized) to control firms (SOEs), I document that privatized firms do not …

Over the last two decades privatization programs in different countries radically reduced the role of the State as a …'s principal-agent structure following privatization, and incentives to invest in R&D and to patent. We compare the pre and post … privatization R&D effort and patenting behavior of 35 companies that were fully or partially privatized in 9 European countries …

In this paper, we analyze the impact of privatization on the firms' R&D performance. We expect that, in the early … period after privatization, path dependencies still negatively affect the efficiency of R&D operations. We test our … innovation related assets on the firm's market value (Griliches, 1981). We estimate the regression model on an original panel …

This research sheds light on the role of product scope on the innovation activity of multinational multi-product firms …. We use patent citation data to break down innovation into two types by measuring the degree to which innovation performed … focus on two features in multinational production: (i) fundamental innovation is geographically more difficult to transfer …

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 …

We examine the economic analysis of the relationship between innovation and product market competition. First, we give … idea that innovation rises and then eventually falls as the intensity of competition increases. Thirdly, we look at recent …

In this paper, we study the effect of share issue privatization (SIP) on private investment and financial market under … privatization (crowding-out effect). Vice-versa with risk aversion and perfect intertemporal substitutability (diversification … of the crowding-out effect, when the revenues of privatization are devoted to present public consumption. …