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rights influence academic entrepreneurship. In 2002, the German Federal Government enacted a major reform called Knowledge …
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This paper integrates innovation input and output effects of R&D subsidies into a modified Crépon–Duguet–Mairesse (CDM …
Persistent link: https://www.econbiz.de/10011487998
We examine how the ownership of intellectual property rights influences patenting of university-discovered inventions. In 2002, Germany transferred patent rights from faculty members to their universities. To identify the effect on the volume of patenting, we exploit the researcher-level...
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There is a growing literature that aims at assessing the private value of knowledge assets and patents. It has been …
Persistent link: https://www.econbiz.de/10008937317
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 …
Persistent link: https://www.econbiz.de/10008938024
This paper considers the effect of different firm leadership on the innovative performance of firms from seven EU countries. We investigate whether owner-led or manager-led firms achieve a larger share of their turnover with product innovations. Economic theory does not propose clear answers to...
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