Does innovation increase shareholder value? While many researchers and practitioners believe that it does, little consensus surrounds the magnitude of the economic rents to innovation and the determinants of these rents, primarily because they vary across industries and ways in which innovation...

Using a new data set covering a sample of UK firms, 1989-1995, we study the impact of innovation and innovation assets on firm value. We find, for all reporting firms, that the flow of R&D and the use of new technologies (as measured by investment in tangible assets) have significant positive...

Das "Handbuch Strategisches Management" knüpft an ein erfolgreiches Grundkonzept an, das Herbert Henzler vor 15 Jahren in seinem Handbuch "Strategische Führung" erstmals mit Leben erfüllt hat: die Erfahrungen der Unternehmenspraxis, der Wissenschaft und eines der international renommiertesten...