Firm Leadership and Innovative Performance: Evidence from Seven EU Countries


Czarnitzki, Dirk ; Kraft, Kornelius


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URL: http://ub-madoc.bib.uni-mannheim.de/480
URN: urn:nbn:de:bsz:180-madoc-4806
Document Type: Working paper
Year of publication: 2001
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: O31 D21 C24 O32 ,
Subject headings (SWD): Europäische Union , Forschung und Entwicklung , Produktinnovation , Betriebsführung
Abstract: This paper considers the effect of different firm leadership on the innovative performance of firms from seven EU countries. We investigate whether owner-led or manager-led firms achieve a larger share of their turnover with product innovations. Economic theory does not propose clear answers to this question. In the empirical analysis, it turns out that the manager-led firms are more active innovators: the share of sales based on new products is larger if firms' managers do not hold any of the firms' capital. Surprisingly, there are no differences between the seven countries included in the regression analysis.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Czarnitzki, Dirk ; Kraft, Kornelius (2001) Firm Leadership and Innovative Performance: Evidence from Seven EU Countries. Open Access [Working paper]
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