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If the future market wage is uncertain, engaging in long-term employment is risky, with the risk depending on how regulated the labor market is. In our experiment long-term employment can result either from offering long-term contracts or from repeatedly and mutually opting for rematching....
Persistent link: https://www.econbiz.de/10008509219
Facing a stochastic market wage, which is independent of their own hiring policy, employers offer contracts specifying ï¬xed wage, revenue share and employment duration. In ongoing employment relations it depends on the treatment whether ï¬xed wages can be only increased or also decreased....
Persistent link: https://www.econbiz.de/10005032003
technology SMEs. Innovation net- works are positively related to both product and process innovation, i.e. knowledge creation …This paper analyses the effects of innovation networks on product and process innovation and sales growth of high …. One exception is the negative effect of innovation networks with suppliers on product innovation. Older SMEs are more …
Persistent link: https://www.econbiz.de/10005090493
This paper analyses the association between dynamic capabilities and new firm growth, controlling for measures of firm resources, characteristics of the entrepreneur, and aspects of the environment. The central research question is: How strong is the relationship between dynamic capabilities and...
Persistent link: https://www.econbiz.de/10005090511
of inter-firm alliances in the first post-entry years. R&D efforts enable the exploitation of external knowledge. Initial … high growth firms, which are key in innovation and entrepreneurship policies. …
Persistent link: https://www.econbiz.de/10005090550