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Ordinary least squares (OLS) estimates are frequently used to measure the effects of managerial incentives on corporate innovation. However, these estimates suffer from two data problems. First, corporate innovation data have a discrete spike at zero because many firms never engage in corporate...
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den Zusammenhang einer umfassenden Theorie der Unternehmensrechnung gestellt. Die Darstellungen orientieren sich am Ziel …
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heterogeneous with respect to their entrepreneurial ability, and firms run by more able entrepreneurs have a higher productivity …
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