Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to cash flow for relatively small firms. Much of this...

Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to cash flow for relatively small firms. Much of this...

Das Modell des Risk-Governance-Cluster-Cube (RGC-Cube) dient dazu, die Vielzahl deutscher Unternehmen mit ihren spezifischen organisatorischen Ausprägungen und Merkmalen zu erfassen und nach ihrer Compliance-Komplexität einzuordnen. In Studie 1 zum Forschungsprojekt wurden insbesondere die...

Successful innovation is a precondition for economic prosperity. While various potential determinants of innovative activity have been considered, little empirical evidence is yet available for the influence of firm governance issues. This paper aims at filling this gap in the literature by...