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Experience, innovation and productivity: Empirical evidence from Italy's slowdown

Daveri, Francesco; Parisi, Maria Laura - 2010

We investigate the role of workers' and managerial experience as a determinant of firm innovation and productivity in a … innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type … of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …

Persistent link: https://www.econbiz.de/10010270508

Mind the Knowledge Gap! The Origins of Declining Business Dynamism in a Macro Agent-Based Model

Delli Gatti, Domenico; Terranova, Roberta; Turco, … - 2023

In this paper we replicate most of the stylized facts characterizing the decline in business dynamism in the USA highlighted by Akcigit and Ates (2021) and provide an explanation of their emergence by means of a macroeconomic agent-based model populated by two types of firms: innovators who...

Persistent link: https://www.econbiz.de/10014469805

Technological imitation and innovation in New European Union Markets

Uzagalieva, Ainura; Kocenda, Evézen; Menezes, Antonio - 2010

We analyze the role of imitation and innovation in promoting technological progress in new members of European Union …: the Czech Republic, Hungary, Poland and Slovakia. The two modes of technological development-innovation and imitation …-are distinguished from one another by identifying the dominant orientation of innovation efforts at the industry level. Specific …

Persistent link: https://www.econbiz.de/10010270539

Competition, imitation, and R&D productivity in a growth model with sector-specific patent protection

Mosel, Malte - 2010

intricate reverse engineering are. Unlike similar step-by-step innovation models of economic growth, the model assumes Cournot …

Persistent link: https://www.econbiz.de/10010270491

The effect of adversity on process innovations and managerial incentives

Dostie, Benoît; Jayaraman, Rajshri - 2009

This paper asks whether adversity spurs the introduction of process innovations and increases the use of managerial incentives by firms. Using a large panel data set of workplaces in Canada, our identification strategy relies on exogenous variation in adversity arising from increased border...

Persistent link: https://www.econbiz.de/10010273810

Cutting too close? Design protection and innovation in fashion goods

Hackett, Petal Jean - 2012

Continued lobbying by high-end, American designers for intellectual property-type fashion design protection has culminated in the proposed Innovative Design Protection and Piracy Prevention Act, intended to introduce EU standards. Using a sequential, 2-firm, vertical differentiation framework,...

Persistent link: https://www.econbiz.de/10010280833

Universal Intellectual Property Rights: Too Much of a Good Thing?

Auriol, Emmanuelle; Biancini, Sara; Paillacar, Rodrigo - 2013

own innovation. The analysis predicts that the willingness to enforce IPR is U-shaped in a country GDP: small … enforcement of IPR yields a higher level of innovation and global welfare only if the developing country does not innovate. A …

Persistent link: https://www.econbiz.de/10010317044

Gift exchange in the workplace: money or attention?

Dur, Robert - 2008

We develop a model of manager-employee relationships where employees care more for their manager when they are more convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways: by offering a generous wage and by giving attention....

Persistent link: https://www.econbiz.de/10010264516

What explains the rise in CEO pay in Germany? A panel data analysis for 1977-2009

Fabbri, Francesca; Marin, Dalia - 2012

The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile takeover of Mannesmann in 2000 and it is again in the spotlight since the outbreak of the financial crisis of 2009. Based on unique panel data evidence of the 500 largest firms...

Persistent link: https://www.econbiz.de/10010281035

CEO Compensation : Evidence from the Field

Edmans, Alex; Gosling, Tom; Jenter, Dirk - 2021

We survey directors and investors on the objectives, constraints, and determinants of CEO pay. 67% of directors would sacrifice shareholder value to avoid controversy on CEO pay, implying they face significant constraints other than participation and incentive compatibility. These constraints...

Persistent link: https://www.econbiz.de/10013220138