Germany's bank-based system of internal control, ownership concentration is harmful for productivity growth. … comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are … econometric analysis of firm performance in Germany. Based on a unique panel data set with detailed information on almost 400 …

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 …

market competition. The amount of knowledge firms can absorb is made dependent on their own research efforts, e.g. firms …-cooperating firms if spillovers are sufficiently large. The degree of market competition is a key determinant of the effects of research … cooperation on research efforts, implying that existing models which assume perfect competition might be too restrictive. …

. Our empirical investigation rests upon a survey of more than 1,100 innovative firms in Germany. Our survey puts us in the …

of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on … firm value proxied by ratings in Western Germany, but a negative impact in Eastern Germany. We also consider future … financial distress, and find that R&D in Eastern German firms leads to higher default risk, in contrast to Western Germany …

innovative and unchanged products is developed and estimated using comparable firm-level data from France, Germany, Spain and the …