Showing 71 - 80 of 106
We investigate the effect of profit-sharing on product and process innovation. Profit-sharing is a credible commitment … that the introduction of profit-sharing only spurs product innovation …
Persistent link: https://www.econbiz.de/10013060795
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
We analyze the impact of subsidies on R&D expenditures in the financial crisis and beyond. The financial crisis has led to considerable turmoil in financing and, as a result, to restrictions of firms' access to external financing. Utilizing this fact, we identify and analyze financing...
Persistent link: https://www.econbiz.de/10012793582
Persistent link: https://www.econbiz.de/10011628072
Persistent link: https://www.econbiz.de/10012122162
innovation activities of their business customers. Individual banks' liquidity shocks are identified by the degree of interbank … total innovation expenditures in comparison to the periods before. Our results imply that those firms which have a business … relation to a bank with higher interbank market reliance reduce their innovation activities during the financial crisis to a …
Persistent link: https://www.econbiz.de/10011762085
Persistent link: https://www.econbiz.de/10012521613
market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and … research institutions enhance original innovation. …
Persistent link: https://www.econbiz.de/10010957653
We investigate the effect of profit-sharing on product and process innovation. Profit-sharing is a credible commitment … that the introduction of profit-sharing only spurs product innovation. …
Persistent link: https://www.econbiz.de/10010957731
market (innovation). It turns out that spillovers from rivals lead to more imitation, while input from customers and research … institutions enhance original innovation. …
Persistent link: https://www.econbiz.de/10010729633