impact of foreign competition on managerial compensation, (2) differences in the impact between Germany and the U.S. and (3 … covering the period from 1984-2010 for Germany respectively 1992-2011 for the U.S. and apply system GMM in order to solve … Germany. A differentiation between imported intermediates (efficient sourcing strategy) and final inputs (competition) reveals …

-skilled employees and industries in Germany by a more unequal distribution of human capital intensity. In Germany, average innovation …This paper examines how productivity effects of human capital and innovation vary at different points of the … conditional productivity distribution. Our analysis draws upon two large unbalanced panels of 6,634 enterprises in Germany and 14 …

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 …

a globalized environment. Companies literally find themselves confronted with a world of ideas. The challenge remains to … leadership. Apart from this strategic advantage we observe that foreign external sources of innovation are generally not superior …

are induced by regulations. However, innovation that increases a firm’s material or energy efficiency in terms of material … voluntary innovations, although the effect is significantly larger for regulation-driven innovation.We conclude that the Porter … hypothesis does not hold in general for its “strong” version but has to be qualified by the type of environmental innovation. Our …

innovation activities in Germany from various sectors. We find that foreign-controlled firms are not challenged by liability of …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 …

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 …