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An information economics perspective on main bank relationships and firm R&D
Hoewer, Daniel; Schmidt, Tobias; Sofka, Wolfgang - Deutsche Bundesbank - 2011
Information economics has emerged as the primary theoretical lens for framing financing decisions in firm R&D investment. Successful outcomes of R&D projects are either ex-ante impossible to predict or the information is asymmetrically distributed between inventors and investors. As a result,...
Persistent link: https://www.econbiz.de/10009323613
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An information economics perspective on main bank relationships and firm R&D
Hoewer, Daniel; Schmidt, Tobias; Sofka, Wolfgang - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011
Information economics has emerged as the primary theoretical lens for framing financing decisions in firm R&D investment. Successful outcomes of R&D projects are either ex-ante impossible to predict or the information is asymmetrically distributed between inventors and investors. As a result,...
Persistent link: https://www.econbiz.de/10009323616
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Multinational subsidiary knowledge protection—Do mandates and clusters matter?
Sofka, Wolfgang; Shehu, Edlira; de Faria, Pedro - In: Research Policy 43 (2014) 8, pp. 1320-1333
International knowledge spillovers, especially through multinational companies (MNCs), have recently been a major topic of academic and management debate. However, most studies treat MNC subsidiaries as relatively passive actors. We challenge this assumption by investigating the drivers of...
Persistent link: https://www.econbiz.de/10011046486
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Global Idea Sourcing - An empirical investigation into the mechanisms behind the usage of foreign business sources for innovation
Sofka, Wolfgang - EconWPA - 2005
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/10005561402
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Knowledge sourcing: legitimacy deficits for MNC subsidiaries?
Schmidt, Tobias; Sofka, Wolfgang - Deutsche Bundesbank - 2009
Multinational corporations (MNC) search increasingly for lead market knowledge and technological expertise around the globe. We investigate whether their subsidiaries gain access to these valuable sources of host country knowledge to the same degree as domestic rivals. We develop a theoretical...
Persistent link: https://www.econbiz.de/10005083060
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What Makes Foreign Knowledge Attractive to Domestic Innovation Managers?
Sofka, Wolfgang - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007
This study focuses on the early stages of international innovation activities, i.e. the organizational processes …
Persistent link: https://www.econbiz.de/10005097606
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Global Idea Sourcing: An Empirical Investigation into the Mechanisms Behind the Usage of Foreign Business Sources for Innovation
Sofka, Wolfgang - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2005
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/10005097671
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Global Sensing and Sensibility: A Multi-Stage Matching Assessment of Competitive Advantage from Foreign Sources of Innovation
Teichert, Thorsten; Sofka, Wolfgang - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2006
leadership. Apart from this strategic advantage we observe that foreign external sources of innovation are generally not superior …
Persistent link: https://www.econbiz.de/10005097766
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Host Country Contingencies on Knowledge Protection Strategies of Multinational Firms: Bring a Knife to a Gunfight?
Sofka, Wolfgang; Shehu, Edlira - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2009
International knowledge spillovers, especially through multinational companies (MNCs), have recently been a major topic of the academic and management discussion. However, most studies treat MNC subsidiaries as relatively passive actors without clear knowledge protection strategies. The goal of...
Persistent link: https://www.econbiz.de/10005097889
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Internationalizing R&D Co-opetition: Dress for the Dance with the Devil
Schmiele, Anja; Sofka, Wolfgang - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007
Competitors can be valuable sources and partners for innovation activities. Against the background of international …
Persistent link: https://www.econbiz.de/10005097905