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An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...
Persistent link: https://www.econbiz.de/10010263845
The purpose of this paper is to introduce a series of articles on the linksbetween innovation, the evolution of … Innovation, Industry Evolution and Employment published by CambridgeUniversity Press in 1999. The continued rising unemployment … the former, while the continental Europeans have chosen thelatter. The purpose the thirteen articles of Innovation …
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and innovation within the German economy. …
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innovation as well as the project´s feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …
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innovation as well as the project's feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …
Persistent link: https://www.econbiz.de/10010291111
manufacturing. Results from our structural models indicate that KIS firms benefit from innovation activities through increased labor … productivity with highly skilled employees being similarly important compared to R&D for creating innovation output in microfirms … firms having a higher probability of initiating innovation activities and of successfully turning knowledge into innovation …
Persistent link: https://www.econbiz.de/10012294269
), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge … intensive services benefit from innovation activities in the sense that these activities causally increase their labor …
Persistent link: https://www.econbiz.de/10011947391