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between appropriability mechanisms, innovation and firm-level productivity. We enrich this model in several ways. First, we … estimate the impact of the innovation output conditional on the choice of appropriability mechanisms on firms' productivity. We …
Persistent link: https://www.econbiz.de/10010951467
deeper division of labor among these teams which leads to an increase in firm productivity. The paper can be thought of as a …
Persistent link: https://www.econbiz.de/10010821787
Which firms issue equity and debt in domestic and international markets and what happens to their assets, sales, and number of employees? To answer these questions, we assemble a new dataset on firm-level capital raising activity during 1991-2011, which we match with firm attributes for 45,527...
Persistent link: https://www.econbiz.de/10010821881
to answer this question. A union monitors establishments in an industry to learn about their productivity, and decides …
Persistent link: https://www.econbiz.de/10010822033
We provide a model and empirical tests showing how an active acquisition market affects firm incentives to innovate and conduct R&D. Our model shows that small firms optimally may decide to innovate more when they can sell out to larger firms. Large firms may find it disadvantageous to engage in...
Persistent link: https://www.econbiz.de/10010785637
capital markets drive a large wedge between productivity and investment: the weaker (stronger) division obtains too much …
Persistent link: https://www.econbiz.de/10009403417
We use plant output and input prices to decompose the profit margin into four parts: productivity, demand shocks, mark … the impact of productivity, and other market fundamentals, on plant exit. A dynamic simulation that compares the … distribution of productivity with and without the trade reform shows that improvements in market selection from trade reform help …
Persistent link: https://www.econbiz.de/10005000620
We use a new database, the National Establishment Time Series (NETS), to revisit the debate about the role of small businesses in job creation. Birch (e.g., 1987) argued that small firms are the most important source of job creation in the U.S. economy, but Davis et al. (1996a) argued that this...
Persistent link: https://www.econbiz.de/10005774682
The study examines US-European productivity and worker attitude differences, focusing on changes in incentive … structures. We analyze productivity and worker attitudes in five plants in the UK and US belonging to the same multinational … had an impact on productivity and profitability. We find that the UK plant's productivity and worker satisfaction was well …
Persistent link: https://www.econbiz.de/10005774713
for plant size and productivity, we find that foreign plants are significantly more likely to close than comparable …
Persistent link: https://www.econbiz.de/10005774859