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applications if competition in the market is low. This may indicate that restrictive monitoring and lower advising competences of … outside directors mitigate executives' incentives to innovate. In industries with effective competition, the negative … influence of outsiders is offset by the pressure to focus on innovation strategies. …
Persistent link: https://www.econbiz.de/10011168714
Human brain has invented the Computer&upgraded it to a level of Combrains. With Artificial Chemical Memory, these may grow to function as independent Iintellects, Master/Sponsor representatives and self- decision workers with autonomy&supreme capability. Like any human society learn and function...
Persistent link: https://www.econbiz.de/10005118844
There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …
Persistent link: https://www.econbiz.de/10010840013
The entrepreneur is an elusive character in economic theory due to the difficulty of providing an accurate description. It appears impossible to produce a single definition of entrepreneurship and most theoretical approaches yield operational difficulties. By the same token, most operational...
Persistent link: https://www.econbiz.de/10005644970
competition, demand and the probability that they are taken over. In contrast, we show that large firms optimally may decide to … also show that firm R&D increases with product-market competition and with industry acquisition liquidity and that these …
Persistent link: https://www.econbiz.de/10010550270
Innovation entsteht kein Produkt. Wie sich Unternehmer beim Hervorbringen von Innovationen verhalten, ist aber weitgehend … unbekannt – und damit auch, welches Verhalten sich positiv und welches sich negativ auf eine Innovation auswirkt. Ueber dieses …
Persistent link: https://www.econbiz.de/10011206940
incentive effect of competition on innovation and the effect competition has on the degree of credit rationing. I find that the … levels of competition. These predictions are supported by empirical evidence: The competition-innovation relationship has an … developed financial systems. Innovation-enhancing policies implemented through competition reforms ought to be complemented by …
Persistent link: https://www.econbiz.de/10005146547
In this paper we analyse the role of financial resources in a process of competition interpreted as a continuous … for the survival of competition. …
Persistent link: https://www.econbiz.de/10010756752
engineering are. Unlike similar step-by-step innovation models of economic growth, the model assumes Cournot competition and … that patents ought to be weaker, the more intense competition, the higher R&D productivity, and the more intricate reverse …
Persistent link: https://www.econbiz.de/10008500709
relationships between corporate competitiveness strategy, innovation, efficiency, productivity growth and outsourcing to be … of the relationship are discussed. For the empirical analysis we use Swedish firm-level innovation survey data covering …
Persistent link: https://www.econbiz.de/10005190437