Similar Search Results

The impact of the financial crisis on investments in innovative firms

Giebel, Marek; Kraft, Kornelius - 2015

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/10011339805

Managerial ownership, entrenchment and innovation

Beyer, Mila; Czarnitzki, Dirk; Kraft, Kornelius - 2011

Persistent link: https://www.econbiz.de/10009306343

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/10011444773

Managerial ownership, entrenchment and innovation

Beyer, Mila; Czarnitzki, Dirk; Kraft, Kornelius - 2011

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. -- Corporate governance ; managerial ownership ; entrenchment ; innovation …

Persistent link: https://www.econbiz.de/10008938024

Subsidies and innovation in the recent financial crisis

Giebel, Marek; Kraft, Kornelius - 2021

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/10012793582

External financing constraints and firm's innovative activities during the financial crisis

Giebel, Marek; Kraft, Kornelius - 2017

innovation activities of their business customers. Individual banks' liquidity shocks are identified by the degree of interbank … total innovation expenditures in comparison to the periods before. Our results imply that those firms which have a business … relation to a bank with higher interbank market reliance reduce their innovation activities during the financial crisis to a …

Persistent link: https://www.econbiz.de/10011762085

Haftungsregeln und Innovation

Czarnitzki, Dirk - 2000

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

Persistent link: https://www.econbiz.de/10013428336

Unternehmensleitung und Innovationserfolg

Czarnitzki, Dirk - 2001

In dieser Arbeit werden die verschiedenen Anreize für Manager im Vergleich zu Unternehmenseignern untersucht, Innovationen durchzuführen. Bei den Anreizen treten gegenläufige Effekte der Innovationsanstrengungen auf. Unsere Untersuchung über die Determinanten des Innovationserfolges liefert...

Persistent link: https://www.econbiz.de/10013428454