Smith, Valdemar; Madsen, Erik Strøjer - In: Vierteljahrshefte zur Wirtschaftsforschung 70 (2001) 2, pp. 263-274
The paper investigates the impact of ownership concentration on the likelihood that firms are involved in innovative activities or invest in research and development. We find that more dispersed ownership significantly increases the probability that a firm is engaged in innovation or invests in...
