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This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity …
Persistent link: https://www.econbiz.de/10011444773
This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative activities. There are opposing effects concerning R&D intensity in the manager-controlled firm. Our study on the determinants of R&D intensity presents empirical results concerning...
Persistent link: https://www.econbiz.de/10011445230
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...
Persistent link: https://www.econbiz.de/10011446303
This study examines how industry-specific managerial experience affects firms’ innovation performance in the context of …
Persistent link: https://www.econbiz.de/10010238366
Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form … monitored by their corporate sponsors, resulting in less favorable conditions for radical innovation. -- Corporate … entrepreneurship ; start-ups ; radical innovation …
Persistent link: https://www.econbiz.de/10008659476
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
how knowledge management influences the innovation performance of a firm. While former studies mainly focused on knowledge … techniques on product and process innovation. More specifically, if a firm wants to reduce costs, it is more valuable to invest … important for a firm to carefully select the techniques of knowledge management depending on the goals in its innovation …
Persistent link: https://www.econbiz.de/10014201133
influences the innovation performance of a firm. While former studies mainly focused on knowledge management cycles, we … management techniques and their influence on product and process innovation. The ability to source external knowledge positively … the tools of knowledge management in function of the kind of technical innovation it wants to proceed. -- Knowledge …
Persistent link: https://www.econbiz.de/10003893119
Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company …
Persistent link: https://www.econbiz.de/10012707747
innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …
Persistent link: https://www.econbiz.de/10012710126