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This paper examines the relation between ownership, corporate form, and innovation for a cross-section of private and publicly traded innovating firms in the US and 15 European countries. A striking novel observation emerges from our analysis: while most innovating firms in the US are publicly...
Persistent link: https://www.econbiz.de/10014046331
Using novel data on European firms, this paper examines the effect of business group affiliation on innovation. We find that business groups foster the scale and novelty of corporate innovation. Group affiliation is particularly important in industries that rely more on external finance and have...
Persistent link: https://www.econbiz.de/10014048202
This paper examines the relation between ownership, corporate form, and innovation for a cross-section of private and publicly traded innovating firms in the US and 15 European countries. A striking novel observation emerges from our analysis: while most innovating firms in the US are publicly...
Persistent link: https://www.econbiz.de/10013070812
When is a nexus of contracts more firm-like? We theoretically and empirically address this question in the context of business groups. We develop a model where assets can be diverted from one group affiliate to another and asset redeployment is more valuable when firms operate in related...
Persistent link: https://www.econbiz.de/10013156201
This paper studies the role of intrinsic motivation, reputation and reciprocity in driving open source software innovation. We exploit the observed pattern of contributions – the ‘revealed preference' of developers - to infer the underlying incentives. Using detailed information on code...
Persistent link: https://www.econbiz.de/10013159966
The Management Practices data set covers 732 medium-sized manufacturing firms in the United States, United Kingdom, France, and Germany. The measures of managerial practice are strongly associated with firm-level productivity, profitability, Tobin's Q, and survival rates. Once the download is...
Persistent link: https://www.econbiz.de/10014222795
The management practices data set covers 732 medium-sized manufacturing firms in the United States, United Kingdom, France, and Germany. The measures of managerial practice are strongly associated with firm-level productivity, profitability, Tobin's Q, and survival rates
Persistent link: https://www.econbiz.de/10014222890
AmaPat is a unique comprehensive dataset combining detailed information on ownership structure, corporate innovation, and financial reports. Download the slides at: http://papers.ssrn.com/paper=1027909 Download the audio file at: http://papers.ssrn.com/paper=1028824
Persistent link: https://www.econbiz.de/10014223440