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associated with better firm profitability in low-tech industries. Participating in a national cluster may be associated with … firms' better growth prospects. In the absence of functioning local markets for some productive inputs, being engaged in …
Persistent link: https://www.econbiz.de/10010273044
but also for every single year analyzed. Moreover, large family enterprises in Germany had a higher employment growth rate …
Persistent link: https://www.econbiz.de/10010484646
The view that profitability, not growth, is the driving force behind the firm performance, and unprofitable high growth … hypothesis that controlling for leverage, low growth-high profitability (profit) firms outperform high growth-low profitability … (growth) firms regarding both directions of their transition to an upper state and a lower state in subsequent periods. The …
Persistent link: https://www.econbiz.de/10010320453
, property - particularly if open to innovation - plays a vital role in achieving this balance. This commentary explains four … normative principles that help design innovative property. Since the four principles derive from long-standing ideas about … property in land, the commentary uses a distinctly conservative approach. This approach, however, is quite innovative in the …
Persistent link: https://www.econbiz.de/10014475821
Persistent link: https://www.econbiz.de/10011696557
In the distant future, aliens come to Earth. They find a planet devoid of life. Looking closer, the aliens see that life on Earth was once abundant, but was wiped out by a mass extinction. Curiously, this event was driven not by geological disaster, but by one of the extinct species itself. In...
Persistent link: https://www.econbiz.de/10012290598
have a positive influence on the profitability of firms. This study examines the effect of product diversification on the … profitability of 25 German food industry sectors from 1977 to 1994. The analysis reveals a positive effect of diversification on the … profitability of industries. …
Persistent link: https://www.econbiz.de/10010297120
it can be argued that product innovation raises barriers to entry and thus improve profitability. This study examines the … effect of functional food innovative activity (compared to overall innovative activity) on the profitability of 23 German … food industry sectors from 1995 to 1999. Panel data analysis also includes concentration, firm size, market size and growth …
Persistent link: https://www.econbiz.de/10010297128
on the effects of the patent stock on profitability. The data base is a representative sample of German manufacturing … patent stock has a strong and robust effect on profitability. …
Persistent link: https://www.econbiz.de/10010297363
leakage of knowledge in an industry will negatively affect profitability. This paper presents the results of an empirical … study on the effects of outgoing and incoming spillovers on firms? profitability. It turns out that the expected asymmetry …
Persistent link: https://www.econbiz.de/10010297973