management are detrimental to firm innovation, at the same time family control has a positive impact on innovation activities … innovativ macht, andererseits soll die mangelnde Trennung von Eigentum und Kontrolle sowie unzureichende Diversifikation zu … Innovationsaktivitäten aus. Im Gegensatz dazu hat der Grad familiärer Kontrolle im Aufsichtsrat signifikant positive Auswirkungen auf das …

main problem is that the market-economy perspective cannot comprehend the process of innovation, including the role of the …

managerial incentives with the owners' goals, as agency theory predicts, it also grants top managers residual control rights to … be used in subsequent negotiations with the owners. The ability to exercise residual control rights improves the ex post …

The innovation activities of foreign subsidiaries have been identified as an important source of competitive advantage … foreignness). We derive potential stumbling blocks in the innovation process theoretically and argue that these materialize as … innovation activities in Germany from various sectors. We find that foreign-controlled firms are not challenged by liability of …

known about how the direction of search strategies influences innovation performance. In this paper, we argue that firms … that being open for innovation generally pays off. However, both moderating factors have a crucial role to play: On the one … novel knowledge and to enhance innovation performance. We develop targeted management recommendations based on these results. …

Our study shows empirically that the choice of resource allocation strategy affects innovation performance. A policy of … allocating resources to a broader range of innovation projects increases sales of new products, especially if these are truly … stronger for firms that allocate resources more selectively at later stages of the innovation process. Based on these results …

This paper analyses ownership and control structures of Dutch listed companies. Legislation effective since 1992 …

with 20 or more employees comprising 1993-1995 CIS II data on firm innovation strategic motivations and 1995-1998 data on … model in which the covariates include firm strategies (innovation and environmental), and a set of other explanatory … negative impact from environmental innovation strategy, implying either a short-medium effect, possibly balanced in the long …

innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …