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Organizational structure and innovative activity

Sliwka, Dirk - 2003

A model is analyzed in which agents exert effort to create innovations within an organization. When payments are infeasible, the decision on the implementation of a proposal is shown to bemadeby simplemonotonic decision rules. A trade-off arises between the use of information and the incentives...

Persistent link: https://www.econbiz.de/10005845884

Digital Technology and the Allocation of Ownership in theMusic Industry

Halonen-Akatwijuka, Maija; Regner, Tobias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009

We apply the property rights theory of Grossman-Hart-Moore in the musicindustry and study the optimal allocation of …

Persistent link: https://www.econbiz.de/10009022168

Frontier Efficiency Methodologies to Measure Performance in the Insurance Industry : Overview and new Empirical Evidence

Eling, Martin; Luhnen, Michael - Institut für Versicherungswirtschaft <Sankt Gallen> - 2008

The purpose of this paper is to provide an overview and new empirical evidence on frontier effi-ciency measurement in the insurance industry, a topic of great interest in the academic literature during the last several years. In the first step, we review 87 studies and put them into a joint...

Persistent link: https://www.econbiz.de/10005861366

Competition, Cooperation, and Corporate Culture

Kosfeld, Michael; Siemens, Ferdinand von - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

Teamwork and cooperation between workers can be of substantial value to a firm, yet thelevel of worker cooperation often varies between individual firms. We show that thesedifferences can be the result of labor market competition if workers have heterogeneouspreferences and preferences are...

Persistent link: https://www.econbiz.de/10005862582

The Allocation of Property Rights within Registered Co-operatives in Germany

Kramer, Jost W. - Hochschule <Wismar> / Fachbereich Wirtschaft - 2003

While other parts of the new institutional economics (e. g. principal agent theory,transaction cost theory) have … already been applied to co-operative researchwith some success, property rights theory has as yet been only rarelyused in this … criticized the co-operative structure as lacking in incentivesand being outmoded. Maybe property rights theory has some input …

Persistent link: https://www.econbiz.de/10005862833

Co-operative Development and Corporate Governance Structures in German Co-operatives - Problems and Perspectives

Kramer, Jost W. - Hochschule <Wismar> / Fachbereich Wirtschaft - 2006

The tasks as well as the types of co-operatives within an economy have continuously been discussed for nearly two hundred years. Since the days of Owen, the principles as well as the appearance of co-operatives have been heavily disputed. This became evident by the controversy between Huber,...

Persistent link: https://www.econbiz.de/10005863562

Business and Intercultural Communication Issues : Three Contributions to Various Aspects of Business Communication

Hinner, Michael B.; Dreisörner, Mirjam; Felich, Antje; … - Technische Universität <Freiberg> / Fachbereich … - 2004

This paper describes psychological contracts and how they are created. Even though the phenomenon of the psychological contract can be observed in a variety of relationships, this paper solely discusses psychological contracts in business settings. The paper discusses in particular how...

Persistent link: https://www.econbiz.de/10005864228

Do Regional Systems ofInnovation Matter?

Fritsch, Michael - Technische Universität <Freiberg> - 2003

The paper deals with the significant impact of location on innovation activity that has been found in many empirical studies. Main elements of such an explanation are the specific problems of a division of innovative labor. Based on an outline of these issues the concept of a regional innovation...

Persistent link: https://www.econbiz.de/10005864354

The Fragile Success of Team Start-ups

Stam, Erik; Schutjens, Veronique - Max-Planck-Institut für Ökonomik <Jena> - 2005

This article describes the benefits and pitfalls of starting a firm with an entrepreneurial team, drawing on a longitudinal empirical analysis of the life course of 90 team start-ups and 1196 solo start-ups in the Netherlands. In the first three years of their existence, team start-ups perform...

Persistent link: https://www.econbiz.de/10005864998

Financial constraints and the decision to lease – Evidence from German SME

Slotty, Constantin F. - 2009

The objective of this paper is to test the hypothesis that in particular financially constrainedfirms lease a higher share of their assets to mitigate problems of asymmetric information. Theassumptions are tested under a GMM framework which simultaneously controls forendogeneity problems and...

Persistent link: https://www.econbiz.de/10005866789