Showing 1 - 10 of 159
This paper aims to shed light on firm specific drivers that lead firms to internationalise their innovation activities. The paper draws a comprehensive picture of driving forces by including firm capabilities, characteristics of the firm’s competitive environment and the influence of...
Persistent link: https://www.econbiz.de/10003888033
In this study we use import penetration as a proxy for foreign competition in order to empirically analyze (1) the impact of foreign competition on managerial compensation, (2) differences in the impact between Germany and the U.S. and (3) whether the impact of import penetration is driven by...
Persistent link: https://www.econbiz.de/10011897992
Price adjustments, particularly the cost pass-through relationships, are at the core of the analysis on how asymmetric climate change policy initiates two channels of carbon leakage: (decreasing) market shares and profit margins. Using advanced time-series techniques, this paper explores the...
Persistent link: https://www.econbiz.de/10008652544
In making key decisions for the future phases of the European Union Emissions Trading Scheme (EU ETS), policy makers need to fully understand the competitiveness implications of these decisions on industrial sectors. In this paper, we conduct an empirical analysis of cost pass-through ability of...
Persistent link: https://www.econbiz.de/10003989025
We focus on one of the core competitive capabilities of modern firms: the ability to deliver successful innovations in a globalized environment. Companies literally find themselves confronted with a world of ideas. The challenge remains to decide which impulses should be on top of the list and...
Persistent link: https://www.econbiz.de/10003283604
of energy-related topics, and the investments in energy saving technologies. A better understanding of firms' investment … statistically significant positive relationship with investment decisions on energy saving technologies for production processes and …
Persistent link: https://www.econbiz.de/10011765007
This research investigates the hypothesis that publicly funded scientific research complements private R&D investment … in the pharmaceutical industry. New microlevel data on public research investment by the U.S. National Institutes of … explaining pharmaceutical R&D investment. Using a panel of therapeutic classes observed over eighteen years, the analysis finds …
Persistent link: https://www.econbiz.de/10003224327
In this paper the impact of the corporate tax systems of the 15 EU-member states on the investment and the financing … which can affect cross-border location, investment and financing decisions. Moreover, recent reform proposals in Germany are … likely to have an impact both on investment patterns and financing decisions of US multinationals in Germany. …
Persistent link: https://www.econbiz.de/10011443408
This paper analyzes the role of Thin-Capitalization rules for capital structure choice and investment decisions of … investment but also their tax-sensitivity. An empirical investigation of leverage and investment reported for affiliates of …. While Thin-Capitalization rules are found to be effective in restricting debt finance, investment is found to be more …
Persistent link: https://www.econbiz.de/10003380555
This paper investigates whether the size of multinational' real investments in a high-tax country is affected by profit shifting activities. A simple theoretical analysis shows that tax rates abroad impact the cost of capital in the presence of profit shifting activities of multinational...
Persistent link: https://www.econbiz.de/10003607658