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CEOs, managers and non-managerial employees' ideas enhances small firms' innovation performance. A Heckman selection model … innovation performance. However, contributions depend heavily on the individuals' area of expertise and on whether product or … process innovation is desired. Our findings enrich the current view on the entrepreneurial team, but also warn against the …
Persistent link: https://www.econbiz.de/10013091490
these predictions based on a unique dataset and survey for the German manufacturing sector (the Mannheim Innovation Panel …
Persistent link: https://www.econbiz.de/10013092745
evidence for incentive and financing problems for private sector investment in innovation projects has provided ground for … governmental interventions to prevent welfare reducing underinvestment in innovation. However, the survey of the literature shows …
Persistent link: https://www.econbiz.de/10013093925
Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments.Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....
Persistent link: https://www.econbiz.de/10013095201
Persistent link: https://www.econbiz.de/10013095547
evidence for incentive and financing problems for private sector investment in innovation projects has provided ground for … governmental interventions to prevent welfare reducing underinvestment in innovation. However, the survey of the literature shows …
Persistent link: https://www.econbiz.de/10013069765
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/10013068231
Persistent link: https://www.econbiz.de/10013433589
Successful innovative activity is a major contribution to the intangible capital of firms. Although its importance is generally acknowledged, the contribution to companies' profits is a priori unclear. We present the results of an empirical study on the effects of the patent stock on...
Persistent link: https://www.econbiz.de/10014223484
This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity …
Persistent link: https://www.econbiz.de/10013428336