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Persistent link: https://www.econbiz.de/10010482485
We study empirically how competition among high-frequency traders (HFTs) affects their trading behavior and market …-frequency competition, and contains an exogenous event - a tick size reform - which we use to disentangle the effects of the rising share of … high-frequency trading in the market from the effects of high-frequency competition. We find that when HFTs compete, their …
Persistent link: https://www.econbiz.de/10012016546
their investments. Competition is, however, not localized within a market segment and the class of new or old models, i …
Persistent link: https://www.econbiz.de/10003793986
market competition. The amount of knowledge firms can absorb from other firms is made dependent on their own research efforts … positive effect on R&D efforts both under research joint venture and under research competition. Firms' propensity to … collaborate in R&D is increasing in R&D productivity. The key findings of the theoretical model are tested using German innovation …
Persistent link: https://www.econbiz.de/10011444658
affect firms' innovation strategy choices, concretely, whether to abstain from innovation, to introduce products that are … known in the market but new to the firm (imitation) or to introduce market novelties (innovation). Using a sample of 1253 … effectiveness is low or medium, both innovation and imitation are enhanced, whereas if it is high, only innovation is enhanced …
Persistent link: https://www.econbiz.de/10009686719
Dieser Beitrag untersucht die Beziehung verschiedener Konzepte von investiven Ausgaben in Unternehmen, ihre Verbindung zu Innovationen und die Faktoren, die Innovations- und Investitionsentscheidungen von Unternehmen beeinflussen. Neben dem traditionellen Investitionsbegriff, der sich...
Persistent link: https://www.econbiz.de/10009691272
This literature review analyses the impacts of the EU ETS on competitiveness focussing on existing simulation studies … relevant literature. We find, however, that effects of the scheme on competitiveness are modest, even given the business as … regulation methods ETSs can have positive competitiveness effects. However, the EU ETS is not designed to boost Europe’s economy …
Persistent link: https://www.econbiz.de/10003357010
Persistent link: https://www.econbiz.de/10010516512
Environmental policies may have important consequences for firms' competitiveness or profitability. However, the … literature finds hardly any significant competitiveness effects on firms, least not during the first two phases of the scheme … limit the impact of the EU ETS. Finally, small but significant stimulating effects on innovation have been found so far …
Persistent link: https://www.econbiz.de/10011539050
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