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This paper empirically investigates the determinants of R&D diversification strategies in the drug industry. It … enriches the existing literature by proposing to look at diversification factors, which reflect market and technological …&D diversification is governed by the economies of scope as well as the escape competition motive. Moreover, it is found that competition …
Persistent link: https://www.econbiz.de/10008481990
technological diversification. Production makes use of different input varieties, which are subject to imperfectly correlated shocks …. In our model, the expansion in the number of varieties provides diversification benefits against variety-specific shocks …
Persistent link: https://www.econbiz.de/10005162905
constraints. An important function of the stock market is the diversification of risk that comes with specialized, productive …
Persistent link: https://www.econbiz.de/10005677548
of multi-business portfolios. Although there is lots of work on diversification and mergers and acquisitions, corporate … contempt - the reasonable suspicion of economic inferiority of firm diversification and the possible inappropriateness of CPM …
Persistent link: https://www.econbiz.de/10009422081
vieler Agrarmärkte existieren nur wenige empirische Arbeiten zum Zusammenhang zwischen Diversifikation und dem Erfolg … Diversifikation in verwandte und unverwandte Produktbereiche auf das Wachstum (als ein Erfolgsmaß) von Unternehmen untersucht und … Diversifikation in verwandte Produktbereiche ein höheres Wachstum aufweisen, während die Diversifikation in nicht …
Persistent link: https://www.econbiz.de/10009644721
Persistent link: https://www.econbiz.de/10004998704
spatial differences in high technology employment, R&D activity, involvement in overseas markets and civilian diversification … la technologie, la R et D, les relations commerciales exterieures et la diversification civile. Bien qu'on puisse faire … plus en plus probable que l'evolution du marche d'armements international va influer sur la localisation de l'industrie …
Persistent link: https://www.econbiz.de/10005491557
ROBERTS D. and THOMSON K. J. (2003) Sources of structural change in peripheral rural areas: the case of the Western Isles, 1988/89 to 1997 , Reg. Studies 37 , 61-70. The paper considers the sources of structural change in peripheral rural areas, arguing that a greater understanding of sources of...
Persistent link: https://www.econbiz.de/10005452531
We study the relative efficiency of outside-owned versus employee-owned firms and analyze implications for institutional change in a context of technological innovation. When decisions are made through majority voting, the vote on technology choice is used to influence the later vote on the...
Persistent link: https://www.econbiz.de/10008528612
This paper studies the effect of individual uncertainty on collective decision-making to implement innovation. We show how individual uncertainty creates a bias for the status quo even under irreversible voting decisions, in contrast with Fernandez and Rodrik (1991). Blocking innovation is...
Persistent link: https://www.econbiz.de/10008528646