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in Scotland. New measures of flexibility and turbulence are used to explain the performance of mature small firms. These … depend on our unique body of evidence from interviews with owner managers. Performance is measured using a Likert scale over … performance. This is done in two forms. The first involves generalised least squares estimation (with heteroskedastic adjustment …
Persistent link: https://www.econbiz.de/10011257108
significantly increased, and (2) a positive relationship exists between entrepreneurial activity and economic performance. However …
Persistent link: https://www.econbiz.de/10011257351
This discussion paper resulted in a publication in <I>Structural Change and Economic Dynamics</I>, 2013, 24, 141-156.<P> We address the notion of dynamic, endogenous diversity and its role in theories of investment and technological innovation. We develop a formal model of an innovation arising from the...</p></i>
Persistent link: https://www.econbiz.de/10011255510
This paper studies the impact of cross-border Mergers and Acquisitions (M&As) on Carbon Dioxide emissions. Carbon Dioxide is the main anthropogenic greenhouse gas. A global problem that requires a multilateral solution. To take this into account we introduce an institutional variable, which...
Persistent link: https://www.econbiz.de/10011255767
This paper offers a new methodology to identify R&D and innovation clusters, on the basis of a regional analysis of innovation support systems in Portugal. Using a web-based inventory of R&D and innovation agencies, an extensive data base is created. This data set is next analyzed by means of...
Persistent link: https://www.econbiz.de/10011255791
This discussion paper resulted in a publication in 'Industry and Innovation', 2011, 18(3), 317-334.<P> This article presents a model of sequential decisions about investments in environmentally dirty and clean technologies, which extends the path-dependence framework of Arthur (1989). This allows...</p>
Persistent link: https://www.econbiz.de/10011256080
This survey reviews the empirical literature on the impact of environmental policy instruments on the rate and direction of technological change. The survey is explicitly focused on the empirical identification of the hypothesis to expect a stronger impact from market-based incentives than from...
Persistent link: https://www.econbiz.de/10011256107
We argue that expectations about future energy use affect the transition from fossil fuels to renewable substitutes, because of an interaction between innovation and resource scarcity. The paper presents a model of directed technical change to study this interaction. We find that resource-saving...
Persistent link: https://www.econbiz.de/10011257201
We study the relation between formal incentives and social exchange in organizations where employees work for several managers and reciprocate to a manager's attention with higher effort. To this end we develop a common agency model with two-sided moral hazard. We show that when effort is...
Persistent link: https://www.econbiz.de/10011255514
This paper studies the impact of diversity in cognitive ability among members of a team on their performance. We … that team performance as measured in terms of sales, profits and profits per share first increases, and then decreases …
Persistent link: https://www.econbiz.de/10011255965