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Managerial Ownership, Entrenchment and Innovation
Beyer, Mila; Czarnitzki, Dirk; Kraft, Kornelius - 2013
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/10014181017
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Firm Leadership and Innovative Performance : Evidence from Seven EU Countries
Czarnitzki, Dirk; Kraft, Kornelius - 2005
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/10014028506
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Management Control and Innovative Activity
Czarnitzki, Dirk; Kraft, Kornelius - 2015
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/10014028542
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Capital control, debt financing and innovative activity
Czarnitzki, Dirk; Kraft, Kornelius - In: Journal of economic behavior & organization : JEBO 71 (2009) 2, pp. 372-383
Persistent link: https://www.econbiz.de/10003873414
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Managerial ownership, entrenchment and innovation
Beyer, Mila; Czarnitzki, Dirk; Kraft, Kornelius - 2011
Persistent link: https://www.econbiz.de/10009306343
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Managerial ownership, entrenchment and innovation
Beyer, Mila; Czarnitzki, Dirk; Kraft, Kornelius - In: Economics of innovation and new technology 21 (2012) 7/8, pp. 679-699
Persistent link: https://www.econbiz.de/10009707245
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Capital control, debt financing and innovative activity
Czarnitzki, Dirk (contributor); Kraft, Kornelius (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002368257
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Management control and innovative activity
Czarnitzki, Dirk; Kraft, Kornelius - In: Review of industrial organization : RIO 24 (2004) 1, pp. 1-24
Persistent link: https://www.econbiz.de/10002140578
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Corporate management and innovation
Czarnitzki, Dirk; Kraft, Kornelius - In: Jahrbücher für Nationalökonomie und Statistik 223 (2003) 6, pp. 641-658
Persistent link: https://www.econbiz.de/10001825644
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Firm leadership and innovative performance : evidence from seven EU countries
Czarnitzki, Dirk; Kraft, Kornelius - In: Small business economics : an entrepreneurship journal 22 (2004) 5, pp. 325-332
Persistent link: https://www.econbiz.de/10002025088