The innovation activities of foreign subsidiaries have been identified as an important source of competitive advantage … foreignness). We derive potential stumbling blocks in the innovation process theoretically and argue that these materialize as … innovation activities in Germany from various sectors. We find that foreign-controlled firms are not challenged by liability of …

known about how the direction of search strategies influences innovation performance. In this paper, we argue that firms … that being open for innovation generally pays off. However, both moderating factors have a crucial role to play: On the one … novel knowledge and to enhance innovation performance. We develop targeted management recommendations based on these results. …

Our study shows empirically that the choice of resource allocation strategy affects innovation performance. A policy of … allocating resources to a broader range of innovation projects increases sales of new products, especially if these are truly … stronger for firms that allocate resources more selectively at later stages of the innovation process. Based on these results …

This paper analyses the relationship between past innovation output, competition, and future innovation input in a … dynamic econometric setting. We distinguish two dimensions of competition that correspond to the concepts of product … results for both countries. Innovation output in t-1 as measured by the sales share of innovative products is positively …

This paper investigates the impact of in-house R&D and innovation management practices on innovation success in small … innovation management tools in order to achieve innovation success. We analyse whether such a strategy can pay off. Based on data … from the German CIS we find that R&D activities are a main driver for innovation success if combined with external R …

comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are … product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …

for firms in financial distress. Regarding market discipline, productivity grows faster when competition on product …

This paper investigates how competition and firm size affect the relationship between market uncertainty and R … Investitionsverhalten nicht eindeutig. In dieser Studie analysieren wir empirisch, wie Wettbewerb und Unternehmensgröße einen möglichen …