Kraft, Kornelius; Stank, Jörg; Dewenter, Ralf - In: Cambridge Journal of Economics 35 (2011) 1, pp. 145-172
This paper examines the effect of the German co-determination law of 1976 (MitbestG) on the innovative activity of German firms. Co-determination applies to firms with 2,000 employees or more. Data from 1971--1976 and 1981--1990 on 148 firms are used to compare the number of patents granted to...