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Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company …
Persistent link: https://www.econbiz.de/10012707747
innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …
Persistent link: https://www.econbiz.de/10012710126
Many studies investigate the relationship between R&D expenditures as an input and patents as an intermediate product or output of a knowledge production function. We suggest that the productivity of research in patent production functions has been underestimated in the literature, as scholars...
Persistent link: https://www.econbiz.de/10014215973
We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive … exert no such independent influence on drastic innovation activities. The results support the hypothesis that establishments …
Persistent link: https://www.econbiz.de/10014027138
for innovation at home. We suggest a combination of three factors to identify and explain such innovation strategies … customers as a source for innovation that is more beneficial to standardized products and becomes more feasible if the lead … regulation. Hence, companies optimize or augment their innovation activities by invoking ideas from foreign suppliers. Then again …
Persistent link: https://www.econbiz.de/10014027676
We investigate the effect of profit-sharing on product and process innovation. Profit-sharing is a credible commitment … that the introduction of profit-sharing only spurs product innovation …
Persistent link: https://www.econbiz.de/10013060795
as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …, and hence tend to over-invest into innovation …
Persistent link: https://www.econbiz.de/10013068231
We analyze the impact of subsidies on R&D expenditures in the financial crisis and beyond. The financial crisis has led to considerable turmoil in financing and, as a result, to restrictions of firms' access to external financing. Utilizing this fact, we identify and analyze financing...
Persistent link: https://www.econbiz.de/10013309766
We investigate whether appointing a middle management level affects startups' innovation performance. Additional …
Persistent link: https://www.econbiz.de/10012931150
This paper investigates the impact of the financial crisis on investment decisions in innovative versus non-innovative firms. Firms are defined as being innovative if they have introduced a new product to the market. The empirical test is based on data for the years before and after the recent...
Persistent link: https://www.econbiz.de/10013014643