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In this work, we explore the relations between sales growth and a set of innovation indicators that capture the … different sources, modes and results of the innovative activity undertaken within firms. We exploit a rich panel on innovation …-2011. Standard GMM-panel estimates of the average effect of innovation activities reveal significant and positive effect for internal …
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knowledge spillovers are unmeasurable, a 'goodness of fit' measure is constructed using innovation survey data. It turns out … measures constructed from innovation survey data appear to work reasonably well while measures of the Euclidean technological …
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2013, 103(1), 277-304) try to disentangle the link between innovation and institutional ownership. Citation-weighted patent … counts are used as a proxy for innovation, which motivates the use of count data models. While a replication in a narrow …
Persistent link: https://www.econbiz.de/10010406308
We study the effect of antitakeover provisions (ATPs) on innovation. To establish causality, we use a regression …, causal effect of ATPs on innovation. This positive effect is more pronounced in firms that are subject to a larger degree of … information asymmetry and operate in more competitive product markets. The evidence suggests that ATPs help nurture innovation by …
Persistent link: https://www.econbiz.de/10012976643
The innovation activities of foreign subsidiaries have been identified as an important source of competitive advantage … foreignness). We derive potential stumbling blocks in the innovation process theoretically and argue that these materialize as … innovation activities in Germany from various sectors. We find that foreign-controlled firms are not challenged by liability of …
Persistent link: https://www.econbiz.de/10010297537
The innovation activities of foreign subsidiaries have been identified as an important source of competitive advantage … foreignness). We derive potential stumbling blocks in the innovation process theoretically and argue that these materialize as … innovation activities in Germany from various sectors. We find that foreign-controlled firms are not challenged by liability of …
Persistent link: https://www.econbiz.de/10012711712