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Measuring the impact of innovation on firm value: a new approach
Kraft, Kornelius; Czarnitzki, Dirk - 2002
Most of the existing empirical literature on the relationship of firm value and knowledge capital is based on the stock market valuation of companies. However, the assets of many firms are not publicly traded, and hence the calculation of market value is limited to a subsample of firms. We...
Persistent link: https://www.econbiz.de/10010297699
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Haftungsregeln und Innovation
Czarnitzki, Dirk; Kraft, Kornelius - 2000
This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity …
Persistent link: https://www.econbiz.de/10010297701
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Haftungsregeln und Innovation
Czarnitzki, Dirk; Kraft, Kornelius - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2000
This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity …
Persistent link: https://www.econbiz.de/10005097836
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Measuring the impact of innovation on firm value: a new approach
Kraft, Kornelius; Czarnitzki, Dirk - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2002
Most of the existing empirical literature on the relationship of firm value and knowledge capital is based on the stock market valuation of companies. However, the assets of many firms are not publicly traded, and hence the calculation of market value is limited to a subsample of firms. We...
Persistent link: https://www.econbiz.de/10005097946
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Haftungsregeln und Innovation
Czarnitzki, Dirk; Kraft, Kornelius - 2000
This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity …
Persistent link: https://www.econbiz.de/10011444773
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Intended and unintended knowledge spillovers in innovation
Kraft, Kornelius; Rammer, Christian - 2023
workers from other firms. Based on data from the Community Innovation Survey, this paper analyses the role of different types … of intended and unintended knowledge spillovers for innovation output at the firm level. Among intended knowledge … spillovers, using knowledge from patents shows the strongest link to innovation output, particularly in case of product …
Persistent link: https://www.econbiz.de/10014311915
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Innovation Indicators and Corporate Credit Ratings : Evidence from German Firms
Czarnitzki, Dirk - 2014
Most of the empirical literature on the relationship between firm value and knowledge capital is based on the stock market valuation. We use a credit rating score as an alternative measure. Innovative firms with a reasonable knowledge stock achieve a better rating, whilst too many innovative...
Persistent link: https://www.econbiz.de/10012752620
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Technologieakquisition und Marktstellung
Czarnitzki, Dirk; Kraft, Kornelius - In: Marktmacht, (pp. 27-48). 2010
Persistent link: https://www.econbiz.de/10009161200
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Editorial: Flexibilisierungspotenziale bei heterogenen Arbeitsmärkten und deren wirtschaftspolitische Implikationen (Editorial: Flexibility in heterogeneous labor markets and impli...
Fitzenberger, Bernd; Hübler, Olaf; Kraft, Kornelius - In: Zeitschrift für ArbeitsmarktForschung - Journal for … 44 (2011) 1/2, pp. 1-14
"In 2004, the national and international debate on labor market performance forcefully made a case for more flexibility in the German labor market (OECD 1994, 2004; Heckman 2002; SVR 2002). In contrast, in 2010, experts were surprised by the flexibility of the German labor market during the world...
Persistent link: https://www.econbiz.de/10009643931
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Haftungsregeln und Innovation, Legal Form and Innovation
Czarnitzki, Dirk; Kraft, Kornelius - In: Journal of Economics and Statistics (Jahrbuecher fuer … 220 (2000) 5, pp. 513-526
his paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity … Innovation Panel" of the Center for European Economic Research from the years 1995 and 1996. We use only small and medium sized …
Persistent link: https://www.econbiz.de/10008633391