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Heavyweights - the impact of large businesses on productivity growth
Falck, Oliver - 2007
The idea of an industrial policy that promotes large businesses - heavyweights - as the best way to compete in a globalized world has become, again, en vogue among European politicians. The only apparent controversy about the idea revolves around whether it is better to promote national...
Persistent link: https://www.econbiz.de/10010264240
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Firm size and innovation in European manufacturing
Vaona, Andrea; Pianta, Mario - 2006
for different business strategies and innovation inputs connected to product and process innovations. The empirical … analysis uses innovation survey (CIS 2) data at the industry level for 22 manufacturing sectors, broken down in three firm size …
Persistent link: https://www.econbiz.de/10010273123
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A general framework to evaluate economic efficiency with an application to British SME
Průša, Jan - 2009
This article formalises the idea of money-metric production frontiers, which we propose as a general framework for nonparametric evaluation of economic efficiency. As we show in our methodological discussion, this improves the flexibility and economic interpretation of our model. The empirical...
Persistent link: https://www.econbiz.de/10010322175
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Employment Protection Legislation and the Size of Firms
Garibaldi, Pietro; Pacelli, Lia; Borgarello, Andrea - 2003
The existing literature ignores the fact that in most European countries the strictness of Employment Protection Legislation (EPL) varies across the firm size distribution. In Italy firms are obliged to rehire an unfairly dismissed worker only if they employ more than 15 employees....
Persistent link: https://www.econbiz.de/10010262751
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Skill-biased change in entrepreneurial technology
Poschke, Markus - 2010
. This paper proposes a simple theory of skill-biased change in entrepreneurial technology that fits with cross …
Persistent link: https://www.econbiz.de/10010274617
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Switching costs, firm size, and market structure
Loertscher, Simon; Schneider, Yves - 2005
In many markets, homogenous goods and services are sold both by large global frms and small local frms. Surprisingly, the large frms charge, often substantially, higher prices. Examples include hotels, airlines, and coffee shops. This paper provides a parsimonious model that can account for...
Persistent link: https://www.econbiz.de/10010315515
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Risk sharing and firm size: Theory and international evidence
Giannetti, Mariassunta - 2001
This paper investigates the relationship between financial development and firm size. The model shows that the efficiency of the financial system, measured by the level of monitoring costs, affects the extent of risk sharing within an economy and through this channel the availability of external...
Persistent link: https://www.econbiz.de/10010281248
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Firm size and monetary policy transmission: evidence from German business survey data
Ehrmann, Michael - 2004
Using business survey data on German manufacturing firms, this paper provides tests for hypotheses formulated in capital market imperfection theories that predict distributional effects in the transmission of monetary policy. The business conditions of small firms are found to be somewhat more...
Persistent link: https://www.econbiz.de/10010261201
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Capability accumulation and product innovation: an agent-based perspective
Gräbner, Claudius; Hornykewycz, Anna - 2020
The paper studies the relevance of product heterogeneity for innovation dynamics using an agent-based model. The … vantage point is a short a review on the empirical relevance of capability accumulation for innovation processes and an … insights on product innovation in macroeconomic models, a simple agent-based model, which may later serve as an innovation …
Persistent link: https://www.econbiz.de/10012212599
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Fingerprints of the visible hand: Chandlerian organizations and their inward looking malaise
Gambardella, Alfonso; Giarratana, Marco S. - 2004
their inward looking or exploitation attitude in R&D and innovation. We argue that because of sunk costs and learning …. Among other things, this suggests that exploration, which leads to the opening of new innovation trajectories, requires not …
Persistent link: https://www.econbiz.de/10010328525