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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...
Persistent link: https://www.econbiz.de/10010297732
This paper considers the effect of different firm leadership on the innovative performance of firms from seven EU countries. We investigate whether owner-led or manager-led firms achieve a larger share of their turnover with product innovations. Economic theory does not propose clear answers to...
Persistent link: https://www.econbiz.de/10010297773
In dieser Arbeit werden die verschiedenen Anreize für Manager im Vergleich zu Unternehmenseignern untersucht, Innovationen durchzuführen. Bei den Anreizen treten gegenläufige Effekte der Innovationsanstrengungen auf. Unsere Untersuchung über die Determinanten des Innovationserfolges liefert...
Persistent link: https://www.econbiz.de/10010297807
Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company …
Persistent link: https://www.econbiz.de/10010297973
Many studies investigate the relationship between R&D expenditures as an input and patents as an intermediate product or output of a knowledge production function. We suggest that the productivity of research in patent production functions has been underestimated in the literature, as scholars...
Persistent link: https://www.econbiz.de/10010298057
developments at the firm level, the topic of design innovation has not been linked to the open innovation concept yet. In this …
Persistent link: https://www.econbiz.de/10010299461
influences the innovation performance of a firm. While former studies mainly focused on knowledge management cycles, we … management techniques and their influence on product and process innovation. The ability to source external knowledge positively … the tools of knowledge management in function of the kind of technical innovation it wants to proceed. …
Persistent link: https://www.econbiz.de/10010299464
Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form … monitored by their corporate sponsors, resulting in less favorable conditions for radical innovation. …
Persistent link: https://www.econbiz.de/10010302257
This study examines how industry-specific managerial experience affects firms' innovation performance in the context of …
Persistent link: https://www.econbiz.de/10010331370
as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …, and hence tend to over-invest into innovation. …
Persistent link: https://www.econbiz.de/10010304456