manager-led firms are more active innovators : the share of sales based on new products is larger if firms' managers do not …

This study examines changes in block ownership for a large sample of listed and non-listed German firms. The frequency … ownership (control transfers). Such changes are more likely for firms with high leverage, while they are less likely for larger … firms and firms with high ownership concentration. Only for listed firms poor performance is related to more frequent …

Ownership structures widely differ across the EU. While large blockholdings dominate in the banking sector in … Continental Europe, ownership is widely dispersed in the United Kingdom. These differences have consequences for corporate … ownership structure of banks. Particular attention is put on current trends in the ownership structure of banks (e. g. sovereign …

Ownership structures widely differ across the EU. While large blockholdings dominate in the banking sector in … Continental Europe, ownership is widely dispersed in the United Kingdom. These differences have consequences for corporate … ownership structure of banks. Particular attention is put on current trends in the ownership structure of banks (e. g. sovereign …

within a company group. However, the previous literature has rather focused on studying the impact of taxation on patent … employ data on European and US patent and trademark applications in the period of 1996-2012 and estimate a multinomial logit …

combining both protection methods yield significantly higher sales with new-to-market innovations. Using only secrecy has …

We use an exogenous change in German Federal law to examine how entrepreneurial support and the ownership of patent … Creates Markets that set up new infrastructure to facilitate university-industry technology transfer and shifted the ownership … of patent rights from university researchers to their universities. Based on a novel researcher-level panel database that …

We analyze the impact of the probabilistic nature of patents on the functioning of Germany’s bifurcated patent … litigation system where infringement and validity of a patent are decided independently by different courts. We show that … bifurcation creates situations in which a patent is held infringed that is subsequently invalidated. Our conservative estimates …