Showing 1 - 10 of 14
This paper, which introduces the special issue on corporate governance co-sponsored by the Review of Financial Studies and the National Bureau of Economic Research (NBER), reviews and comments on the state of corporate governance research. The special issue features seven papers on corporate...
Persistent link: https://www.econbiz.de/10012463112
, and reallocation of capital. This finding applies mainly for obsolescence of core innovation and embodied innovation, and … profits of obsolescent firms. The measure contains incremental information about firm innovation relative to measures focusing … on new innovation …
Persistent link: https://www.econbiz.de/10012696413
Do political connections affect firm dynamics, innovation, and creative destruction? We study Italian firms and their … firms to invest in innovation and/or political connection to advance their productivity and to overcome certain market …
Persistent link: https://www.econbiz.de/10012480788
To what extent does high-growth entrepreneurship depend on skilled human capital? We estimate the impact of the inflow of inventors into a region on the founding of high-growth firms, instrumenting mobility with the county-level share of millions of inventor surnames in the 1940 U.S. Census....
Persistent link: https://www.econbiz.de/10012481458
, vertical linkages with foreign firms, and international trade on several types of innovation by domestic firms. Using … and innovation and show that the supply chain of multinational enterprises and international trade are also important … channels. There is no evidence for an inverted U relationship between innovation and foreign competition. The relationship …
Persistent link: https://www.econbiz.de/10012464166
This paper studies the impact of process and product innovations introduced by firms on employment growth in these firms. A simple model that relates employment growth to process innovations and to the growth of sales separately due to innovative and unchanged products is developed and estimated...
Persistent link: https://www.econbiz.de/10012464431
knowledge acquisition (A), implementing written knowledge management rules (W). The French 1998-2000 Community Innovation Survey …
Persistent link: https://www.econbiz.de/10012468456
quality, follow-on innovation. Winning a first patent boosts a startup's subsequent growth and innovation by facilitating …
Persistent link: https://www.econbiz.de/10012455413
This article investigates how a firm's financial strength affects its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from...
Persistent link: https://www.econbiz.de/10012456639