Showing 1 - 10 of 29
The Doha multilateral round of trade negotiations sponsored by the WTO has been dragging on for over a decade, with no end in sight. In this short paper we assess empirically what determines the duration of trade negotiations, focusing on the span between the start of trade talks and their...
Persistent link: https://www.econbiz.de/10011083302
This paper examines the longevity of entrants. We find size to be an important determinant of the chances of survival … differences, past growth matters for survival suggesting a partial adjustment process for firm size in the post entry period …
Persistent link: https://www.econbiz.de/10005067401
A large literature has emerged focusing on the post-entry performance of firms and, in particular, on the links between … firm growth, survival, size and age. While these studies have resulted in findings that are sufficiently consistent as to …-entry performance of firms, or what happens to firms subsequent to entering an industry. We suggest theoretical reasons why the …
Persistent link: https://www.econbiz.de/10005789128
, positive or negative, on the survival prospects and employment growth of that plant. The empirical analysis uses data from the … that the incidence of take-over reduces employment growth, in particular for unskilled labour. Both survival and employment …
Persistent link: https://www.econbiz.de/10005123803
adult survival rates. In addition, we find that a model that is estimated using only pre-transition data would actually …
Persistent link: https://www.econbiz.de/10005136659
We show that when the researcher’s (observable but not contractible) contribution to innovation is crucial, a covenant not to compete (CNC) reduces effort and profits under both spot and relational contracts. Having no CNC allows the researcher to leave for a rival. This alleviates a...
Persistent link: https://www.econbiz.de/10005504700
We study how complementarities and intellectual property rights affect the management of knowledge workers. The main results relay when a firm will wish to sue workers that leave with innovative ideas, and the effects of complementary assets on wages and on worker initiative. We argue that firms...
Persistent link: https://www.econbiz.de/10005497759
We claim that the stock market encourages business creation, innovation, and growth by allowing the recycling of ‘informed capital’. Due to incentive and information problems, start-ups face larger costs of going public than mature firms. Sustaining a tight relationship with a monitor (bank,...
Persistent link: https://www.econbiz.de/10005666610
This paper sheds light on the questions, Why does knowledge spill over? and How does knowledge spill over? The answer to these questions lies in the incentives confronting scientists to appropriate the expected value of their knowledge considered in the context of their path-dependent career...
Persistent link: https://www.econbiz.de/10005666782
start-up size. The relationship between prior wealth and start-up performance, as measured by profitability on assets …
Persistent link: https://www.econbiz.de/10005791690