This paper investigates the two-way relationship between R&D and export activity. In particular, we concern ourselves with the question whether R&D stimulates exports and, perhaps more importantly, whether export activity leads to increasing innovative activity in terms of R&D (learning by exporting). We use two unique firm level databases for Great Britain and the Republic of Ireland and compa...

This paper analyzes the effects of product innovation on the firms’ investment behavior in a dynamic duopoly framework. A differential games setting is considered where initially two firms are active on a homogenous product market. One of the firms has an option to introduce a new product that is horizontally and vertically differentiated from the established product. The resulting differential...

Drawing from research on strategic choice, this study investigates the relationship between market turbulence and firms’ sustainable behavior, in the context of sustainabilityrelated institutional adversity. It argues that the relationship between market turbulence and sustainability is mediated by network embeddedness, and this mediating role in turn is moderated by a firm’s innovative orienta...

A typology of IS strategy has recently been forwarded in the literature in which IS strategy is categorized into three types: Innovative, Conservative, and Undefined. But more recent investigations in IS found that when firms attempt to take an ambidextrous approach, to some degree exhibiting both moderately innovative and conservative strategy behaviors, firms tend to perform equally well or b...

This paper investigates the impact of new firms’ quality on the magnitude of their employment effects. Our results clearly show that the quality of start-ups, measured by their affiliation with sectors and innovative industries, strongly influences the direct and the overall employment contribution of new firms. In particular, start-ups in manufacturing industries generate larger direct and ove...

Political corruption is a type of market failure. One area of public policy where corruption is relatively common is the contracting out of public services. Private firms can improve their chances of obtaining contracts by bribing politicians or public servants and funding political parties. In the same vein, firms can gain access to policy makers by hiring influential former politicians –a pra...

With respect to waste water services in Germany technical as well as organizational innovations are often demanded in order to improve efficiency and to tackle environmental and possibly health related problems. However, it is not finally clear which factors do determine firms' innovativeness. First of all there is still a debate going on whether allowing for more private engagement and competi...