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Dynamic models of R&D, innovation and productivity : panel data evidence for Dutch and French manufacturing

Raymond, Wladimir; Mairesse, Jacques; Mohnen, Pierre A.; … - 2013

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

Persistent link: https://www.econbiz.de/10009764446

An empirically-based taxonomy of Dutch manufacturing : innovation policy implications

Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz C.; … - 2004

industries. The same pattern shows up in the three Dutch Community Innovation Surveys. …

Persistent link: https://www.econbiz.de/10011449855

Innovative sales, R&D and total innovation expenditures : panel evidence on their dynamics

Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz C.; … - 2009

This paper studies the dynamic relationship between input and output of innovation in Dutch manufacturing using an … unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum … persistence of innovation input and innovation output, a lag effect of the former on the latter and a feedback effect of the …

Persistent link: https://www.econbiz.de/10003861859

Persistence of innovation in Dutch manufacturing : is it spurious?

Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz C.; … - 2006

This paper studies the persistence of innovation and the dynamics of innovation output in Dutch manufacturing using … firm data from three waves of the Community Innovation Surveys (CIS), pertaining to the periods 1994-1996, 1996-1998, and …

Persistent link: https://www.econbiz.de/10003301189

The behavior of the maximum likelihood estimator of dynamic panel data sample selection models

Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz C.; … - 2007

Persistent link: https://www.econbiz.de/10003497689

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/10012584217

The market for CEOs

Cziraki, Peter; Jenter, Dirk - 2021

We study the market for CEOs of large publicly-traded US firms, analyze new CEOs' prior connections to the hiring firm, and explore how hiring choices are determined. Firms are hiring from a surprisingly small pool of candidates. More than 80% of new CEOs are insiders, defined as current or...

Persistent link: https://www.econbiz.de/10012546976

Executive compensation : a survey of theory and evidence

Edmans, Alex; Gabaix, Xavier; Jenter, Dirk - 2017

This paper reviews the theoretical and empirical literature on executive compensation. We start by presenting data on the level of CEO and other top executive pay over time and across firms, the changing composition of pay; and the strength of executive incentives. We compare pay in U.S. public...

Persistent link: https://www.econbiz.de/10011700396