Entrepreneurs face higher commercialization costs than incumbents. We show that this implies that entrepreneurs will choose more risky projects than incumbents, aiming to reduce their high expected marginal commercialization cost. However, entrepreneurs may select too safe projects from a social...

This chapter reviews the empirical literature on the determination of firms’ and industries’ innovative activity and performance, highlighting the questions addressed, the approaches adopted, impediments to progress in the field, and research opportunities. We review the...

We explore whether the introduction of trust based working hours is related to the subsequent innovation performance of firms. Employing a panel data set of over 5,000 German establishments, we implement a propensity score matching approach where we only consider firms that did not use trust...

Technological standards give rise to a complements problem that affects pricing and innovation incentives of technology producers. In this paper I discuss how patent pools can be used to solve these problems and what incentives patent holders have to form a patent pool. I offer some suggestions...

Purpose: This paper aims to analyse operations management's importance in three main dimensions: having a successful strategy, an efficient supply chain management system, and continuous innovation. The case of Walmart is used to consolidate these three areas. The main methodology of this paper...

Public agencies provide subsidies for small and medium sized businesses (SMEs) to foster their development in terms of employment and sales. Although input and output additionality have been researched intensively little is known about the actual long-term effects of subsidies on SME growth....

Italy has yet to recover from the economic consequences of the financial and sovereign debt crisis that began more than a decade ago. In addition to losing 1.4 million jobs across the manufacturing and construction sectors, new industries driving growth across the EU, such as knowledge-intensive...

Italien hat sich gut zehn Jahre nach der Finanz- und Staatsschuldenkrise nicht von deren wirtschaftlichen Folgen erholt. Verantwortlich sind zum einen die traditionellen Wachstumstreiber Italiens, nämlich das verarbeitende Gewerbe und der Bausektor, die beide einen Rückgang von jeweils 700 000...

Das Angleichen der Lebensstandards ist zentrales Ziel der EU; dafür braucht es Innovationen und Investitionen in ökonomisch schwächeren Regionen. Regulierungen und Rahmenbedingungen für Investitionen unterscheiden sich erheblich zwischen den EU-Mitglied- staaten und sorgen für...