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This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative activities. There are opposing effects concerning R&D intensity in the manager-controlled firm. Our study on the determinants of R&D intensity presents empirical results concerning...
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how dependent innovation is on economic growth and what effects a potential long-term economic stagnation or decline may … have on innovation processes and systems. We approach the subject from different angles using mixed methods. First, we … present a quantitative analysis of the linkages between economic growth and innovation activities on a sectoral level, based …
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