1. M&A Report // 2009

    October 2009

    • Steady Level of Private Equity Involvement in the M&A Market
    • Remunicipalisation: A New Trend Among Suppliers
    • Once Again a Significant Decline in Transaction Values
    • Qatar Enters German Sports Car Manufacturer…
  2. ZEW Discussion Paper No. 09-068 // 2009

    The Design Paradox: The Contribution of In-house and External Design Activities on Product Market Performance

    Competition forces firms to find new ways to advance in the market and be innovative in order to differentiate themselves from rivals. Design activities may be one of several key factors contributing to new…

  3. ZEW Discussion Paper No. 09-067 // 2009

    Does Professional Knowledge Management Improve Innovation Performance at the Firm Level?

    The resource-based view of the firm is characterized by the idea that capital, labor and natural resources are the factors influencing the economic growth of a company. In the last decades, the awareness of…

  4. ZEW Discussion Paper No. 09-059 // 2009

    From Soft and Hard-Nosed Bankers –Bank Lending Strategies and the Survival of Financially Distressed Firms

    Public banks face a public contract to provide credit access to firms and households within their business district. Closely related to that, cooperative banks aim to support their members. Both are asked to…

  5. ZEW Discussion Paper No. 09-066 // 2009

    Selectivity in Search Strategies for Innovation – From Incremental to Radical, From Manufacturing to Services

    Research has frequently shown that firm success in technology-driven industries critically depends on the ability to invent and commercialize innovative technology. In this respect, firms with the ability to…

  6. ZEW Discussion Paper No. 09-065 // 2009

    Optimal Tax Progressivity in Unionised Labour Markets: What are the Driving Forces?

    In the economic policy debate, income tax progressivity is mostly seen as a means of redistribution. The more progressive the tax, the more redistribution from the rich to the poor. However, high tax…

  7. ZEW Discussion Paper No. 09-064 // 2009

    Drivers for International Innovation Activities in Developed and Emerging Countries

    The internationalisation of corporate R&D is an opportunity for firms to reach local knowledge and expertise which is distributed globally. Firms' innovation activities which are carried out abroad comprise…

  8. ZEW Discussion Paper No. 09-062 // 2009

    The ZEW Combined Microsimulation-CGE Model: Innovative Tool for Applied Policy Analysis

    Ex ante evaluation of policy reform proposals in general relies either on microsimulation models or computable general equilibrium (CGE) models. This paper describes how the Centre of European Economic Research…