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product and process innovation among exporting firms and these innovations have a larger impact on productivity improvement in …
Persistent link: https://www.econbiz.de/10011932163
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 …
Persistent link: https://www.econbiz.de/10003319681
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...
Persistent link: https://www.econbiz.de/10010341887
The market launch of product innovations is the most visible output of a firm's investment in innovation activities. To … number of different ways, and optimize their innovation process. The success of a firm's innovation strategy has two … product innovation. Second, the ability to turn the market introduction of a product innovation into commercial success. While …
Persistent link: https://www.econbiz.de/10010458242
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 …
Persistent link: https://www.econbiz.de/10003824059
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 …
Persistent link: https://www.econbiz.de/10009424123
This study examines how industry-specific managerial experience affects firms’ innovation performance in the context of …
Persistent link: https://www.econbiz.de/10010238366
innovation projects affects the innovation output of firms differently depending on firm characteristics and ambitions. In …, resource-constrained firms using staged project management are shown to abandon a larger share of their innovation projects and … development on when and why the staging of innovation projects affects the innovation output of firms and to the literature on …
Persistent link: https://www.econbiz.de/10010425508
and measurement approaches used in the Community Innovation Surveys. While controlling for firm size, age and sector, we …
Persistent link: https://www.econbiz.de/10011570567
Monitoring by institutional investors can act as an important mechanism to promote firm innovation. By investigating … innovation. Consistent with the monitoring view, we further find that (1) the effect of institutional investors on firm patenting … robust when innovation quality is examined. …
Persistent link: https://www.econbiz.de/10011591957