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Managerial ability and capital flows

Silva, André C. - In: Journal of development economics 93 (2010) 1, pp. 126-136

Persistent link: https://www.econbiz.de/10008758805

Incentives to innovate and the decision to go public or private

Ferreira, Daniel Bernardo Soares; Manso, Gustavo; … - 2010

Persistent link: https://www.econbiz.de/10003958080

[Rezension von: Carlberg, Michael, Monetary and wage policies in the Euro area, with 65 tables]

Silva, André C. - In: Journal of economic literature 45 (2007) 3, pp. 751-752

Persistent link: https://www.econbiz.de/10003580700

Incentives to innovate and the decision to go public or private

Ferreira, Daniel Bernardo Soares; Manso, Gustavo; … - 2012 - Rev.

We model the impact of public and private ownership structures on firms' incentives to invest in innovative projects. We show that it is optimal to go public when exploiting existing ideas and optimal to go private when exploring new ideas. This result derives from the fact that private firms...

Persistent link: https://www.econbiz.de/10009579911