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The effects of privatization on R&D investments and patent productivity

Munari, Federico; Sobrero, Maurizio - 2002

Over the last two decades privatization programs in different countries radically reduced the role of the State as a key player in the economic arena. We use agency theory to discuss the theoretical relationship between changes in the firm's principal-agent structure following privatization, and...

Persistent link: https://www.econbiz.de/10011597627

China's pursuit of environmentally sustainable development : harnessing the new engine of technological innovation

Jin, Wei; Zhang, ZhongXiang - 2016

investment and innovation-driven, environmentally sustainable development holds important implications for both national and … and innovation-driven, environmentally sustainable growth path. We show that if R&D technological innovation is … environmental quality improves at a rate of 2.5%. In contrast, if R&D technological innovation is not harnessed as a new growth …

Persistent link: https://www.econbiz.de/10011451689

From energy-intensive to innovation-led growth : on the transition dynamics of China’s economy

Jin, Wei; Zhang, ZhongXiang - 2014

contributes to an economic exposition of China's potential transition from an energy-intensive to an innovation-led growth path … capital investment and incentives of capital stock accumulation rather than R&D-related innovation. Accumulation of energy …-consuming capital stock along this non-innovation-led growth path thus leads to an intensive use of fossil energy - an energy …

Persistent link: https://www.econbiz.de/10010459894

On the mechanism of international technology diffusion for energy productivity growth

Jin, Wei; Zhang, ZhongXiang - 2014

-country differences in the efficiency of foreign technology absorption and indigenous innovation lead to cross-country divergence in the … undertaking indigenous innovation tends to gain a higher level of energy productivity. …

Persistent link: https://www.econbiz.de/10010344238

Corporate governance practices and companies' R&D orientation : evidence from European countries

Honoré, Florence; Munari, Federico; Van Pottelsberghe … - 2011

This paper empirically investigates if corporate governance practices affect the resources firms devote to R&D. Two databases - one on governance ratings and the other on R&D intensity - are merged to obtain a multi-country, multi-sector sample of 279 European companies involved in R&D...

Persistent link: https://www.econbiz.de/10008907733

Privatization and R&D performance : an empirical analysis based on Tobin's q

Munari, Federico; Oriani, Raffaele - 2002

innovation related assets on the firm's market value (Griliches, 1981). We estimate the regression model on an original panel …

Persistent link: https://www.econbiz.de/10011597652