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Dynamic Optimal Capital Structure and Technological Change
Lööf, Hans - 2003
This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm?s equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...
Persistent link: https://www.econbiz.de/10010298124
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Lost in Translation: Empirical Evidence for Liability of Foreignness as a Barrier to Knowledge Spillovers
Sofka, Wolfgang; Schmidt, Tobias - 2006
Entering host country networks of knowledge flows (new competencies, innovative technologies, and lead-market knowledge) is a major rationale of multinational firms for investing abroad. Foreign firms find it difficult to overcome cultural and social barriers which make their foreign engagements...
Persistent link: https://www.econbiz.de/10010297509
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Drivers for international innovation activities in developed and emerging countries
Schmiele, Anja - 2009
This paper aims to shed light on firm specific drivers that lead firms to internationalise their innovation activities …’s competitive environment and the influence of innovation obstacles in the home country. In particular, the role of … driving forces are used to observe their impact on the decision to locate innovation activities in various countries and …
Persistent link: https://www.econbiz.de/10010299465
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Intellectual property infringements due to R&D abroad? A comparative analysis between firms with international and domestic R&D activities
Schmiele, Anja - 2010
analysis rests on the German data from the Europe-wide Community Innovation Survey (CIS). We use a unique data set of about 900 … domestic innovation activities the later wave reports IP infringements. In a second analysis, the likelihood of infringements … from innovation host countries and no innovation host countries abroad is examined. Before the empirical analysis, an …
Persistent link: https://www.econbiz.de/10010303803
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The employment impact of cleaner production on the firm level: empirical evidence from a survey in five European countries
Rennings, Klaus; Zwick, Thomas - 2001
This paper analyses the determinants of employment reactions of firms when environmental innovations have been carried out. It differentiates hereby between employment increases and decreases. The data stem from a telephone survey covering more than 1500 firms in five European countries that...
Persistent link: https://www.econbiz.de/10010297743
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New technologies and the demand for medium qualified labour in Germany
Jacobebbinghaus, Peter; Zwick, Thomas - 2001
rich data set. The paper shows that innovation expenditures and investments in information and communication technologies …
Persistent link: https://www.econbiz.de/10010297747
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Young, open and international: the impact of search strategies on the internationalization of new ventures
Zimmermann, Jörg; Grimpe, Christoph; Sofka, Wolfgang - 2009
internationalization process. We contribute to this research stream by establishing theoretical links with the emerging open innovation … with regard to the effect of open innovation strategies on internationalization performance. Our results show that both the …
Persistent link: https://www.econbiz.de/10010298789
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Real and monetary challenges to wage policy in Germany at the turn of the millennium: technical progress, globalization and European Monetary Union
Franz, Wolfgang - 1999
At the turn of the millennium three frequently cited potential causes of new challenges for wage policy in Germany are revisited in this study: skilled- biased technological progress, the increasing international integration of labor and product markets, and the monetary integration of the EMU....
Persistent link: https://www.econbiz.de/10010297646
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Stepping In and Out of the International Market: Internationalisation of Technology-Oriented Firms in Germany and the UK
Fryges, Helmut - 2004
For small high-tech firms international orientation is regarded as crucial for growth and long-term survival. Even newly founded technology based firms (NTBFs) are often internationally active shortly after their inception (?born globals?). However, in order to create jobs and have a sustainable...
Persistent link: https://www.econbiz.de/10010297389
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Global Sensing and Sensibility: A Multi-Stage Matching Assessment of Competitive Advantage from Foreign Sources of Innovation
Teichert, Thorsten; Sofka, Wolfgang - 2006
leadership. Apart from this strategic advantage we observe that foreign external sources of innovation are generally not superior …
Persistent link: https://www.econbiz.de/10010297517