We analyse the adjustment of retail and services prices in a period of low inflation, using a set of individual price data from the German Consumer Price Index which covers the years 1998 to 2003. We strong find evidence of time- and state-dependent price adjustment. Most importantly, the...

This paper investigates to what extent the usage of information and communication technology (ICT) fosters innovation activities by facilitating more flexible organisational structures in firms. We distinguish between functional flexibility (the ability of workers to co-operate and take...

Our study shows empirically that the choice of resource allocation strategy affects innovation performance. A policy of allocating resources to a broader range of innovation projects increases sales of new products, especially if these are truly novel, i.e. new to the market. The effect of...

Flexicurity - die Verbindung von Flexibilität und Sicherheit - und Beschäftigtenorientierten Unternehmensstrategien - die strategische Beteiligung der Mitarbeiter und Mitarbeiterinnnen an den Unternehmensprozessen spielen in vielen Betrieben eine Rolle. Die sechs Fallstudien dieser...