We estimate the effects of R&D on firms' credit ratings and on financial distress. The main purpose is the comparison of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on firm value proxied by ratings in Western Germany, but a...

"We discuss the determinants of a successful implementation of an employee suggestion scheme and other measures to stimulate innovation success. Subsequently the effects of the employee suggestion schemes are investigated empirically. We analyse the realisation of cost reductions and...

"This article summarizes recent studies concerning the effects of organizational change on fundamental economic variables. The framework applied to take account of possible selectivity effects is explained in detail. This methodology is applied to the effects of profits sharing and the legal...

"Flexibility and heterogeneity are important topics in labour market research. Since 2004 the Deutsche Forschungsgemeinschaft (DFG) has funded a research network addressing the issue of 'Flexibility in Heterogeneous Labour Markets', which intends to uncover possibilities for fostering...

"We discuss the determinants of a successful implementation of an employee suggestion scheme and other measures to stimulate innovation success. Subsequently the effects of the employee suggestion schemes are investigated empirically. We analyse the realisation of cost reductions and...