Are the public firms more innovative than the private ones?

نویسندگان

چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

When Are New Firms More Innovative than Established Firms?

We propose a model in which industry conditions influence the relative advantages of new and established firms as innovators. Using a unique data set of commercialization attempts of inventions simultaneously at risk of commercialization by both new and established firms, we find that industry characteristics including the number of firms in the industry, the size of the market, the availabilit...

متن کامل

Do Public Firms Respond to Investment Opportunities More than Private Firms? The Impact of Initial Firm Quality

Using U.S. Census data, we track firms at birth and compare the growth pattern of IPO firms and their matched always-private counterparts over their life cycle. Firms that are larger at birth with faster initial growth are more likely to attain a larger size and to subsequently go public. We estimate a model to predict the propensity to become public (“public quality”) using initial conditions....

متن کامل

Examining Whether Highly E-Innovative Firms are More E-Effective

The resource-based view (RBV) ascribes superior firm performance to firm resources and capabilities. In recent years, much debate about the value of e-business has been raised because of the costly investments required. Although studies have found positive relationships between e-business and firm performance, there is a need to further investigate into these topics. Since innovation has become...

متن کامل

Are Random Trading Strategies More Successful than Technical Ones?

In this paper we explore the specific role of randomness in financial markets, inspired by the beneficial role of noise in many physical systems and in previous applications to complex socio-economic systems. After a short introduction, we study the performance of some of the most used trading strategies in predicting the dynamics of financial markets for different international stock exchange ...

متن کامل

Why are some regions more innovative than others? The role of small firms in the presence of large labs

We study the impact of small firms on innovation in regions where large labs are present. Small firms generate demand for specialized services that lower entry costs for others. This effect is particularly relevant in the presence of large firms that spawn spin-outs caused by innovations deemed unrelated to the firm’s overall business. We examine MSA-level patent data during the period 1975–200...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Prague Economic Papers

سال: 2008

ISSN: 1210-0455,2336-730X

DOI: 10.18267/j.pep.327