innovation and sustainable development have been considered fundamental elements in the competitive positioning of companies. the synergies between both concepts, known as eco-innovation, must be considered when designing company policies. the aim of this paper is to analyse which moderating factors determine how innovative companies perform when implementing a sustainable proactive approach. w...

Why do firms diversify into unrelated product markets? Internal labor markets allow firms to reallocate workers in response to industry shocks. They also strengthen workers’ incentives to invest in transferable, productivity-enhancing skills. Thus, the transferability of human capital can be a source of merger synergies. To test this hypothesis, we construct an index of human capital transferab...