Showing 1 - 10 of 903
This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity involves risk. On the one hand, the risk of firm owners is limited if their liability is limited. On the other hand credits will be more difficult to receive if liability is limited....
Persistent link: https://www.econbiz.de/10011444773
general as well as in technology- and knowledge-intensive subsectors. We compare Germany and Portugal which exhibit, though EU … results for Germany reveal exactly the opposite effect. These results suggest that both specialization and diversity theories …
Persistent link: https://www.econbiz.de/10003888000
The aim of this paper is to introduce a new model selection mechanism for cross sectional spatial models. This method is more flexible than the approach proposed by Florax et al. (2003) since it controls for spatial dependence as well as for spatial heterogeneity. In particular, Bayesian and...
Persistent link: https://www.econbiz.de/10003922966
The paper tests empirically the role of knowledge stocks to explain the regional distribution of Germany … only for academic founders inside as well as outside the region. In contrast, the start-up activity of non …-academic founders coming from inside or outside the region cannot be explained with knowledge intensity of the region. Our empirical …
Persistent link: https://www.econbiz.de/10003114223
We investigate the incentives of manufacturers to use resale price maintenance (RPM) when selling products through common retailers. In our model retailers provide product specific pre-sales services. If the competitive retail margins are low, each manufacturer fixes a minimum price to induce...
Persistent link: https://www.econbiz.de/10009529697
We investigate the impact of consumer search and competition on pricing strategies in Germany’s electricity retail. We …
Persistent link: https://www.econbiz.de/10011446819
An Internet retailer’s (e-tailer’s) outstanding virtual location enhances the probability of being noticed by potential customers. The notion of a virtual location for e-tailers refers to the analogy to the physical location. In the empirical analysis, an e-tailer’s Internet search engine...
Persistent link: https://www.econbiz.de/10003051023
Kapitalstruktur analysiert. Für die meisten der analysierten Länder - darunter Deutschland, Frankreich, Spanien und die Niederlande … structure due to legal forms. For the most countries, including Germany, France, Spain, and the Netherland, legal form exerts …
Persistent link: https://www.econbiz.de/10011441241
This paper shows that earnings losses after unemployment increase with age. First, older employees start out with relatively high earnings in comparison to employees without employment interruptions several years before the non-employment spell. This earnings advantage turns into a strong...
Persistent link: https://www.econbiz.de/10003728393
Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never be precisely restricted to affect only the target group. Spillovers to and feedback from other segments of the labour market are unavoidable and may counteract the direct...
Persistent link: https://www.econbiz.de/10003728424