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This paper examines the effect of the German co-determination law of 1976 (MitbestG) on the innovative activity of German firms. Co-determination applies to firms with 2000 employees or more. Data from 1971-1976 and 1981-1990 on 148 firms are used to compare the number of patents granted to...
Persistent link: https://www.econbiz.de/10010288477
This paper investigates the impact of the financial crisis on investment decisions in innovative versus non-innovative firms. Firms are defined as being innovative if they have introduced a new product to the market. The empirical test is based on data for the years before and after the recent...
Persistent link: https://www.econbiz.de/10011339805
market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and … research institutions enhance original innovation. …
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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. …
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these predictions based on a unique dataset and survey for the German manufacturing sector (the Mannheim Innovation Panel …
Persistent link: https://www.econbiz.de/10009144145
market (innovation). It turns out that spillovers from rivals lead to more imitation, while input from customers and research … institutions enhance original innovation. …
Persistent link: https://www.econbiz.de/10010729633
market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and … research institutions enhance original innovation. …
Persistent link: https://www.econbiz.de/10010957653