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For the first time data of German ICT and knowledge intensive service providers are used to analyze the relation between the age structure of the workforce and the probability of adopting new technologies. The results show that firms with a higher share of younger employees are more likely to...
Persistent link: https://www.econbiz.de/10003528820
Persistent link: https://www.econbiz.de/10002038904
For the first time data of German ICT and knowledge intensive service providers are used to analyze the relation between the age structure of the workforce and the probability of adopting new technologies. The results show that firms with a higher share of younger employees are more likely to...
Persistent link: https://www.econbiz.de/10003751821
venture capital (VC) financing. We argue that investors are faced with considerable uncertainty and therefore rely on patents … analysis, we find that in the presence of patent applications, VC financing occurs earlier. Our results also show that VCs pay … attention to patent quality, financing those ventures faster which later turn out to have high-quality patents. Patent …
Persistent link: https://www.econbiz.de/10003806179
Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market … for financing their research compared to development activities. Moreover, we find that (basic) research subsidy …
Persistent link: https://www.econbiz.de/10003881344
There are noticeable differences between the roles that various forms of credit financing play in family businesses and … these differences in financing choices? Do family businesses tend to use shorter-term, more expensive sources of financing … econometric approach to these issues is to study the financing behaviour and creditworthiness. For both of these aspects, we …
Persistent link: https://www.econbiz.de/10008901888
This paper suggests that exchange rates are related to economic fundamentals over medium-term horizons, such as a month or longer. We find from a large panel of individual professionals' forecasts that good exchange rate forecasts benefit from the proper understanding of fundamentals,...
Persistent link: https://www.econbiz.de/10009374424
(MIV) für verschiedene Technologien, Fahrsituationen und alle Regionen in Deutschland berechnet. Dabei ist das Ziel der …) generiert. Die wichtigsten Faktoren für diese hohen regionalen Unterschiede sind der vorherrschende Südwestwind in Deutschland … Bevölkerungsdichte in der Fläche über Deutschland und weite Teile Europas. Die Untersuchung wird abgerundet durch die Abschätzung der …
Persistent link: https://www.econbiz.de/10011445161
The allocation of management and control in the business decision process finds expression in the coordination intensity between agents in the firm. We develop and test a theory, based on the organizational design literature, for the intensity in which the tax department strives to coordinate...
Persistent link: https://www.econbiz.de/10010457909
We investigate whether appointing a middle management level affects startups’ innovation performance. Additional hierarchical levels are often suspected to restrict innovative activities. However, founders’ capacities for information processing and resource allocation are usually strongly...
Persistent link: https://www.econbiz.de/10011765013