Start-ups mostly have only limited internal financing. Post-entry performance should thus strongly depend on the availability of new external capital. In this study we analyze the impact of financial constraints on the performance of Swiss start-ups. Since we use cohort data, we have for some...

This study is based on data of a cohort of Swiss firms that were founded in 1996/97. In the year 2000 data were collected by means of a postal survey among those firms, which still existed by that time. In 2003 and 2006 two further surveys were conducted among the participants of the respective...

Firstly, we investigated the determinants of a) the propensity of Swiss firms to provide apprenticeship training, and b) the intensity of training (measured by the employment share of apprentices). We primarily were interested in the relevance as explanatory factors of the three constituent...

Human resource management (HRM) practices are generally expected to stimulate a firm's innovation performance. However, which of these practices do really pay off? Based on a unique dataset that includes detailed information for both a firm's innovation activities and different types of HRM...

The relevance of services FDI strongly increased over the last two decades. As goods and services differ with respect to important characteristics, one may expect that the determinants of internationalisation are not identical in manufacturing and the service sector. However, there is...

Based on patent data and industry specific energy prices for 18 OECD countries over 30 years we investigate on an industry level the impact of energy prices on green innovation activities. Our econometric models show that energy prices and green innovation activities are positively related and...

This paper is the first to study the factors determining labor's share of income on the level of the individual firm, employing an unusually informative panel data set. The empirical examination is concerned with Switzerland which stands out as one of the very few developed countries with a...

Based on a comprehensive data set comprising 13 countries, 22 industries and a period of 30 years we investigate the impact of internal and external knowledge pools of both green and "other than green" technologies on green patent activities. It turned out that the internal green knowledge stock...

While previous studies on mergers and acquisitions (M&As) mostly relied on large firms, our study is based on a sample that includes all Swiss M&As that took place in the period 2006-2008, mostly of which have been SMEs. We investigate the firm characteristics that determine the innovation and...

In this paper, the parent firms' choice of FDI locations is analyzed based on a unique firm-level dataset for Swiss MNEs. The data allows a detailed characterization of parent companies, their foreign subsidiaries and the two-way trade flows between parent companies and foreign affiliates. In...