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This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative activities. There are opposing effects concerning R&D intensity in the manager-controlled firm. Our study on the determinants of R&D intensity presents empirical results concerning...
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Theory predicts a positive relationship between market concentration and profitability in most scenarios. In empirical work, however, this relation is frequently not found or only a weak connection is observed. We compare the performance of concentration and market share variables, which are...
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Insgesamt gab es in Deutschland im Jahr 2008 über 72.000 Innovatoren ohne eigene FuE. Ihnen standen rund 54 … die betrachteten Jahre hinweg weitgehend stabil. Ihre Bedeutung für das Innovationsgeschehen in Deutschland ist gleichwohl … nicht vernachlässigbar. 14 % des gesamten Neuproduktumsatzes in Deutschland im Jahr 2008 und immerhin 12 % des Umsatzes mit …
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