Do academic scientists bring valuable human capital to the companies they found or join? If so, what are the particular skills that compose their human capital and how are these skills related to firm performance? This paper examines these questions using a particular group of academic...

This paper addresses the key determinants of merger failure, in particularthe role of innovation (post-merger performance) and technology (ex-anteselection) when firms decide to separate. After a brief review of the existingliterature we introduce a model of process innovation where merged...

Das Ziel der Studie lag darin, den in den Firmen des WestmecklenburgischenKunststoffverbandes anzutreffenden aktuellen Zustands des Marketings zuerfragen und zu erfassen. Dieser Ausgangszustand wurde mit dem Begriff des Marketingniveausbezeichnet. Die Kenntnis des Marketingniveaus in den Firmen...

Das Vorhaben INNOSTRAT ist im Zusammenhang der Marketingstudien für das Innoregio Projekt Kunststoffkompetenzzentrum Westmecklenburg zu sehen,die mit der Vorstudie Ermittlung des Marketingniveaus im KKMV(Neunteufel/Rössel/Sassenberg 2002) begonnen wurden. In der Vorstudie wurden Defizite in...

The traditional approach to measuring allocative efficiency is based on input prices, which are rarely known at the firm level. This paper proposes a new approach to measure allocative efficiency which is based on the output-oriented distance to the frontier in a profit technical efficiency...

The aim of this paper is to test whether patent-based indicators are still reliable measures of innovativeness in light of organizational changes in the field of Intellectual Property Rights (IPR) protection and the regulatory reforms already under way respectively at the U.S. Patent and...

This paper investigates the determinants of vertical integration. We first derive a number of predictions regarding the relationship between technology intensity and vertical integration from a simple model with nancial imperfections andincomplete contracts. Then, we investigate these...

We consider an industry where one firm with a superior technology competes for market shares with several rivals. The owner of the superior technology (the dominant firm) can license or transfer the source of its dominance to a subset of rivals. Allowing the non-license takers to remain active...

A large theoretical literature focuses on the question: What determines firms’ boundaries?Recently, Garicano and Santos and Holmstrom and Milgrom have proposed theories in whichfirms’ boundaries reflect the division of labor across individuals. This paper discussesstrategies for generating...

Recent research has led to the empirical regularity that rm growth rate distributionsare heavy tailed. This nding implies that a few rms experience spectaculargrowth rates and decline, but that most rms have marginal growth rates. The literatureon high growth rms shows that high growth rms are...