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The paper explores the question whether the relationship between corporate governance and innovation is affected by the extent to which the firm is exposed to agency problems and asset specificity issues. In particular, we argue that different combinations of asset specificity and agency costs...
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We empirically investigate the impact of a vast array of public policies on wireline broadband penetration through a novel and unique dataset covering 30 OECD countries, over 1995-2010. We find that while both supply and demand-side policies have a positive effect on broadband penetration, their...
Persistent link: https://www.econbiz.de/10009216303
The broadband plans deployed by governments have not benefited so far from substantive theoretical or empirical economic insights on the relative effectiveness of alternative combinations of policy interventions (on which more will be said in the next section). This paper make a first attempt at...
Persistent link: https://www.econbiz.de/10008528599
The paper explores the question whether the relationship between corporate governance dimensions and innovation at the firm level is affected by sectoral characteristics, by analyzing Italian manufacturing sectors. We estimate the impact of corporate governance features on patenting activity for...
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