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stifle innovation because many R&D projects do not pass corporate budgeting decisions when discount rates are high …-ERP episodes than those focusing on exploitative search, and patents developed during high-ERP periods have a higher technological …
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This paper provides a short overview of corporate governance mechanisms in newly listed companies. Although such firms differ in large from the archetypical Berle-Means-Corporation in the corporate governance literature, our overview is also aligned to some extend to the framework provided by...
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