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Kraft, Kornelius; Stank, Jörg; Dewenter, Ralf - 2009

This paper examines the effect of the German co-determination law of 1976 (MitbestG) on the innovative activity of German firms. Co-determination applies to firms with 2000 employees or more. Data from 1971-1976 and 1981-1990 on 148 firms are used to compare the number of patents granted to...

Persistent link: https://www.econbiz.de/10010288477

Innovation, competition and incentives for R&D

Wörter, Martin; Rammer, Christian; Arvanitis, Spyros - 2010

This paper analyses the relationship between past innovation output, competition, and future innovation input in a … results for both countries. Innovation output in t-1 as measured by the sales share of innovative products is positively …

Persistent link: https://www.econbiz.de/10010300512

From knowledge to added value: A comparative, panel-data analysis of the innovation value chain in Irish and Swiss manufacturing firms

Roper, Stephen; Arvanitis, Spyros - 2009

The innovation value chain (IVC) divides the innovation process into three separate links or activities: knowledge … Ireland and Switzerland. Both economies are small, very open and depend significantly on innovation to maintain competitive … advantage. In recent years, however, R&D and innovation growth in Ireland has been markedly stronger than that in Switzerland …

Persistent link: https://www.econbiz.de/10010285823

On the Profitability of Innovative Assets

Kraft, Kornelius; Czarnitzki, Dirk - 2004

Successful innovative activity is a major contribution to the intangible capital of firms. Although its importance is generally acknowledged, the contribution to companies? profits is a priori unclear. We present the results of an empirical study on the effects of the patent stock on...

Persistent link: https://www.econbiz.de/10010297363

Capital Control, Debt Financing and Innovative Activity

Czarnitzki, Dirk; Kraft, Kornelius - 2004

innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …

Persistent link: https://www.econbiz.de/10010297397

License Expenditures of Incumbents and Potential Entrants: An Empirical Analysis of Firm Behavior

Czarnitzki, Dirk; Kraft, Kornelius - 2005

variables the motives for innovation expenditures are also taken into account. We differentiate between firms which intend to …

Persistent link: https://www.econbiz.de/10010297441

Do Spillovers Stimulate Incremental or Drastic Product Innovations? Hypotheses and Evidence from German Establishment Data

Jirjahn, Uwe; Kraft, Kornelius - 2006

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/10010297531

Haftungsregeln und Innovation

Czarnitzki, Dirk; Kraft, Kornelius - 2000

This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity …

Persistent link: https://www.econbiz.de/10010297701

Management Control and Innovative Activity

Czarnitzki, Dirk; Kraft, Kornelius - 2000

This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative activities. There are opposing effects concerning R&D intensity in the manager-controlled firm. Our study on the determinants of R&D intensity presents empirical results concerning...

Persistent link: https://www.econbiz.de/10010297732

Firm leadership and innovative performance: evidence from seven EU Countries

Kraft, Kornelius; Czarnitzki, Dirk - 2001

This paper considers the effect of different firm leadership on the innovative performance of firms from seven EU countries. We investigate whether owner-led or manager-led firms achieve a larger share of their turnover with product innovations. Economic theory does not propose clear answers to...

Persistent link: https://www.econbiz.de/10010297773