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SMEs) are supposed to suffer most. In general, the downturn is supposed to accelerate the shift of EU manufacturing towards … by higher R&Dintensity this in turn may have a positive impact on R&D investment figures. But, as structural changes … inbetween. However, across the sources, the corridor for the R&D investment change is assumed to be above the corresponding …
Persistent link: https://www.econbiz.de/10012056171
This study investigates how corporate R&D evolves in the light of the contemporary economic crisis. We study empirical evidence from past downturns, discuss the relevant literature, and perform an empirical analysis of recent business survey data (collected during 2009). Pivotal for our...
Persistent link: https://www.econbiz.de/10011981968
Post-financial crisis recoveries tend to be slow and be accompanied by slowdowns in TFP and permanent losses in GDP. To prevent them, how should monetary policy be conducted? We address this issue by developing a model with endogenous TFP growth in which an adverse financial shock can induce a...
Persistent link: https://www.econbiz.de/10012851022
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Over time, the development and refinement of corporate governance standards and recommendations have often been the consequence of corporate governance failures. Even if the collapse of Enron and the like, may not have been caused by corporate governance failures in a strict sense, there were...
Persistent link: https://www.econbiz.de/10013159446
(OTE). Meanwhile Pure Technical Efficiency (PTE) is influenced by profitability, bank size, and capitalization. In addition … influenced by profitability, credit risk, and liquidity, whilst Scale Efficiency (SE) is influenced by bank's capitalization and …
Persistent link: https://www.econbiz.de/10013019662
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