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It is known that small firms rely mainly on the CEO’s individual knowledge for developing innovations. Recent work suggests that this approach is inefficient since it underutilizes other employees’ knowledge. We study to which extent using CEOs, managers and non-managerial employees’ ideas...
Persistent link: https://www.econbiz.de/10009509658
This contribution is concerned with the spread of new products in small and medium-sized enterprises in the manufacturing sector. Based on an empirical study it is analyzed according to which factors planned product launches are either genuine market novelties or products that are new from the...
Persistent link: https://www.econbiz.de/10011448648
R&D collaboration facilitates pooling of complementary skills, learning from the partner as well as sharing risks and … gains from collaboration can be high initially, cost may start to outweigh those benefits if firms engage in multiple … collaborative projects simultaneously. This study explicitly considers a firm's collaboration intensity, that is, the share of …
Persistent link: https://www.econbiz.de/10010440100
This study examines the consequences of loan denials for the investment performance of small and medium-sized German enterprises. As a consequence of a loan denial, innovative companies experience a smaller drop in the share of actual to planned investment than non-innovative companies. The...
Persistent link: https://www.econbiz.de/10003961525
Die schwere Wirtschaftskrise 2008/09 hatte substanzielle Auswirkungen auf die Innovationstätigkeit der deutschen Wirtschaft. Die Umsatz- und Gewinneinbußen führten zu einem kräftigen Rückgang der Innovationsausgaben. Davon waren primär Investitionen für neue Produkte und verbesserte...
Persistent link: https://www.econbiz.de/10009424135
This paper explores the impact of R&D subsidies on the concentration of R&D in an economy. First, governments are often criticized of subsidizing predominantly larger firms and thus contribute to persistence of leadership in markets and higher barriers to entry, and, hence, reduced competition...
Persistent link: https://www.econbiz.de/10008701446
Employee resistance against innovations is a virulent phenomenon and there is a broad theoretical literature on its determinants. The empirical evidence is scarce, however, and mainly provides descriptive evidence on the incidence of the phenomenon and concentrates on the effectiveness of change...
Persistent link: https://www.econbiz.de/10011444923
different procedures for imputing the pre-unification education variable in the BASiD data. To do so, we exploit information on … education-related periods that are creditable for the Pension Insurance. Combining these periods with information on the … (overpredict) the share of high-skilled (low-skilled) for the oldest age groups. Comparing our imputed education variable with …
Persistent link: https://www.econbiz.de/10011441089
examines the impact of education on both risk components. France faces a higher unemployment rate than West-Germany, due to a …. The risk of entering unemployment is particularly high for French employees with poor education, but higher education … unemployed, they are better in France than in West-Germany at all education levels, but particularly for the unemployed with a …
Persistent link: https://www.econbiz.de/10011448577
education to decide on the optimal amount of education they want to invest in. In an extension of the model, the educational …
Persistent link: https://www.econbiz.de/10011447129