ZEW Discussion Papers

Establishing a new firm is a complex process which comprises many tasks. A common assumption in the theoretical literature on entrepreneurship is therefore that interdisciplinarity is important for successfully…

Enterprise systems, i. e. company-wide packages of enterprise software for planning, calculating and managing business processes, are widely used in various industry branches throughout many countries. In…

The major interest of antitrust law and economics with respect to predation strategies has been largely twofold. On the one hand, there has been a lively discussion on the question whether predation can…

The last couple of years have seen an increasing interest in critical loss analysis, both, in academia and in practice. This development is documented by various research papers, high-level exchanges between…

The last couple of years have seen an increasing interest in the evaluation of competition policy both in practice and in academia. With respect to the former, the Office of Fair Trading in the UK, for instance,…

Economic theory suggests that financing constraints may occur due to capital market imperfections. These particularly affect investments in innovation projects as such projects are typically characterized by a…

The new growth theory considers knowledge to be a decisive engine of economic growth. More precisely, knowledge is not used solely to the benefit of its originator, but generates positive side effects also for…

The law on labour market reforms has severely limited the maximum benefit period for the elderly; with cuts of up to 14 months, depending on the age group. Our paper examines this natural experiment and shows…