financial crisis 2008/2009 on their business customers’ innovation activity. Using a matched bank-firm data set for Germany, we … find that having relations with a more severely affected bank seriously hampers firms’ current innovation activities due to … initiate new product and process innovations and to reallocate human resources to innovation during the financial crisis. …

In this paper we analyse the relationship between export and innovation activities of German service sector companies … using data from the 1997 wave of the Mannheim Innovation Panel in the Service Sector. There is a lot of support for the … Schumpeterian hypothesis of export activities being mainly driven by innovation activities. Factor endowment theories are only …

, deregulatory policies including soft regulation are the dominant policy in “black” areas, where several independent infrastructure …

Although there seems to be consensus in the literature that venture capital investors increase the innovation output of … from seven European countries, we investigate which form of venture capital is most supportive of innovation. Our results … suggest that in companies financed by syndicates and by private venture capital investors, the innovation output increases …

Under ex ante access regulation entrants often claim that access fees are excessive. I show that this is only the case … strictly positive access fee which may exceed the efficient level. Ex post regulation facilitates this type of collusion and …

characterized by strong regulation of their private pension fund industries. Thus, the paper extends the literature which has so far … mostly focused on performance of pension fund industries facing no or limited regulation. We find that the performance of … fund management ; investment and performance regulation ; performance measurement ; Central European stock markets …