Showing 1 - 10 of 29,957
This paper investigates how competition and firm size affect the relationship between market uncertainty and Ramp …;D investment. We use an intuitively appealing measure of firm-specific uncertainty along with panel data to show that firms invest …;D investment is smaller in concentrated markets - those where market power is higher and strategic rivalry is more intense. Further …
Persistent link: https://www.econbiz.de/10012725202
This paper aims to shed light on firm specific drivers that lead firms to internationalise their innovation activities. The paper draws a comprehensive picture of driving forces by including firm capabilities, characteristics of the firm’s competitive environment and the influence of...
Persistent link: https://www.econbiz.de/10003888033
contributes to the firm’s decision to set up manufacturing capacities for new products abroad. The competition in the home market … motivate firms to innovate in medium knowledge countries while price competition fosters innovation activities in advanced … firms to innovate abroad and not being forced predominantly by fierce competition or the lack of innovation resources in the …
Persistent link: https://www.econbiz.de/10014201135
concentration. In contrast, competition enforces innovation, i.e. sales concentration has a negative impact on R&D …
Persistent link: https://www.econbiz.de/10014109094
This paper investigates the role of patent protection in the global investment decisions of multinational firms. Using … influence the extensive and intensive margin of foreign direct investment (FDI) decisions. We isolate the effect of patent …
Persistent link: https://www.econbiz.de/10010439153
investigation of the effects on tangible investment spending and by a comparison of the effects of cross-border acquisitions to …
Persistent link: https://www.econbiz.de/10003924470
This paper analyzes the effects of cross-border mergers and acquisitions (M&As) on the innovation of European firms. The results indicate a considerable increase in post-acquisition innovation in the merged entity. This is mainly driven by inventors based in the acquirer's country, while...
Persistent link: https://www.econbiz.de/10010401729
We investigate the effects of production offshoring on the innovation activities of manufacturing firms in the home country. The analysis is based on a dataset of more than 3000 manufacturing firms from seven European countries. We find that offshoring firms on average employ a higher share of...
Persistent link: https://www.econbiz.de/10010234572
Persistent link: https://www.econbiz.de/10001228874
This paper analyzes the impact of countries' tax attractiveness on the allocation of risk within multinational groups. Our dataset contains subsidiaries located in 32 European countries and owned by parents from 90 different countries globally. We show that tax symmetry positively influences the...
Persistent link: https://www.econbiz.de/10010511365