In this paper we analyze the conditions under which firms decide to offshore innovation. We consider the role of internal technological capabilities and technological dynamism in the firm environment, distinguishing speed and uncertainty of technological change. Using unique data from the German...

Hidden Champions (HCs) are firms unknown to the wider public, but global leaders in the niche markets they serve. This paper looks at distinctive features of these firms, focusing on their dynamic capabilities. Employing a unique data base on German firms, we identify a representative sample of...

Arguably, one of the most important developments in the field of applied economics during the last decades has been the emergence of systematic policy evaluation, with its distinct focus on the establishment of causality. By contrast to the natural sciences, the objects of our scientific...

Bei der Bewertung von Maßnahmen zur Eindämmung der Corona-Pandemie muss zwingend zwischen Korrelation und Kausalität unterschieden werden. Ein simpler Abgleich des zeitlichen Verlaufs der Neuinfektionen mit dem zeitlichen Verlauf der Abwehrmaßnahmen ist unzureichend: Menschen passen in der...