Showing 1 - 8 of 8
We analyze the effect of industry, region and time on new-business survival rates by means of a multi-dimensional approach. The data relate to West German districts in the 1983-2000 period. The survival chances of start-ups tend to be relatively low in industries characterized by a high minimum...
Persistent link: https://www.econbiz.de/10010513683
We analyze the effect of patent thickets on entry into technology areas by firms in the UK. We present a model that … opportunity. Technological areas characterized by more technological complexity and opportunity, in contrast, see more entry. Our … evidence indicates that patent thickets raise entry costs, which leads to less entry into technologies regardless of a firm …
Persistent link: https://www.econbiz.de/10011447108
Das Thünen-Institut wurde vom Bundesministerium für Ernährung, Landwirtschaft und Verbraucherschutz (BMELV) gebeten, die volkswirtschaftliche Bedeutung der biobasierten Wirtschaft in Deutschland zu kalkulieren. Grundlage bildet die vom Bioökonomierat der Bundesregierung aufgestellte...
Persistent link: https://www.econbiz.de/10009684193
I provide evidence that fund managers who overweight firms with the most differentiated products ('monopolies') exhibit a superior risk-adjusted performance. This is consistent with information advantages due to a better understanding of qualitative information on a firm's competitive...
Persistent link: https://www.econbiz.de/10011539240
Using micro-level panel data of about 35,000 firms from the German Cost Structure Census, we analyze the differences of technical efficiency across industries. Technical efficiency is estimated by firms fixed effects. One striking result is that the distribution of technical efficiency across...
Persistent link: https://www.econbiz.de/10010513679
The average firm size of the top R&D investors among US-based companies is smaller than that of the EU-based firms. Does this help to explain why the US has a greater R&D intensity, or is the higher firm size in the EU, just as its lower R&D intensity, determined by the sectors in which the top...
Persistent link: https://www.econbiz.de/10003724213
The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments of trends in labor's share typically have relied on industry or macro data, obscuring heterogeneity among firms. In...
Persistent link: https://www.econbiz.de/10012956029
We analyze the effects of institutional cross-ownership of same-industry firms on product market performance and behavior. Our results show that cross-held firms experience significantly higher market share growth than non-cross-held firms. We establish causality by relying on a...
Persistent link: https://www.econbiz.de/10012938132