as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …, and hence tend to over-invest into innovation. -- Corporate governance ; managerial ownership ; entrenchment ; innovation …

-determination slows down technological progress and reduces innovativeness. -- Co-determination ; innovation ; patents …

We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive … exert no such independent influence on drastic innovation activities. The results support the hypothesis that establishments … face difficulties in using knowledge that comes from areas they are not familiar with. Establishments exploit spillovers …

Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company … leakage of knowledge in an industry will negatively affect profitability. This paper presents the results of an empirical …

of intended and unintended knowledge spillovers for innovation output at the firm level. Among intended knowledge … spillovers, using knowledge from patents shows the strongest link to innovation output, particularly in case of product … knowledge source operate in a market environment characterized by high price competition, which incentivizes an innovation …

This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity …