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include skilled human capital (number of highly educated workers), general manager’s education and tenure, and management team …'s education and age. We find that skilled human capital has a significant positive effect on firms' innovation, while the … role in firm innovation in metropolitan cities, while it is the General Manager's education that has a positive and …
Persistent link: https://www.econbiz.de/10011615502
Hidden Champions (HCs) are firms unknown to the wider public, but global leaders in the niche markets they serve. This paper looks at distinctive features of these firms, focusing on their dynamic capabilities. Employing a unique data base on German firms, we identify a representative sample of...
Persistent link: https://www.econbiz.de/10011997801
This paper analyzes the impact of internet adoption on labor productivity in Peruvian micro and small manufacturing firms over the period 2011-2013. Instrumental variables estimates show that internet adoption: (i) increases firms' labor productivity; (ii) reallocates employment away from...
Persistent link: https://www.econbiz.de/10011782094
Hidden Champions (HCs) are small- and medium-sized global market leaders that repeatedly show superior innovation capabilities and economic performance. However, empirical evidence on how the digital transformation may affect their success story remains scarce. I argue that HCs show stronger...
Persistent link: https://www.econbiz.de/10012314933
This paper explores an equilibrium model for industry entry dynamics and technological change. We focus on the share valuation of firms in the transition as technology changes, and whether or not share prices are always increasing when technology improves. We find that there can be a U-shaped...
Persistent link: https://www.econbiz.de/10011408812
How should executives lead organisations and their employees in an increasingly digitalized business environment and what skills are needed to succeed? Although the evolution of digital technologies considerably changes working environments in organisations and creates new challenges for...
Persistent link: https://www.econbiz.de/10012194637
We provide the first measurement of knowledge spillovers from venture capital-financed companies onto the patenting activities of other companies. On average, these spillovers are nine times larger than those generated by the R&D investment of established companies. Spillover effects are larger...
Persistent link: https://www.econbiz.de/10011762520
The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects since 2002. Using pooled...
Persistent link: https://www.econbiz.de/10010257289
We examine how collaborator loss affects knowledge workers in corporate R&D. We argue that such a loss affects the remaining collaborators not only by reducing their team-specific capital (as argued in the prior literature) but also by increasing their bargaining power over the employer, who is...
Persistent link: https://www.econbiz.de/10014458846
The concept of Open Innovation (OI) has breathed new life into both empirical research and industry practice concerned with distributed and collaborative modes of innovating. Certainly, the volume of OI research and its impact on practice has been remarkable. However, equally remarkable is the...
Persistent link: https://www.econbiz.de/10012421961