By internationalising R&D activities, firms can improve their chances to respond to local demands and benefit from local knowledge globally. However, differences in culture and the legal system can challenge…
Corporate scientific publications are often presented as a strategic means for firms to create prior art with the objective to prevent rivals from patenting related inventions. This defensive disclosure strategy…
Between 2002 and 2008 around 178,000 family businesses in Germany were handed over to new managing owners. This number represents around seven percent of all family businesses. A change of owners and managers…
Firm behavior is largely affected by the major institutions of an economy, like the legal system, civil liberties or political rights. If institutions are not well developed, ownership concentration as a feature…
We investigate consumer welfare in transalpine freight transport using micro-data on individual route choice, tackling two core questions. First, to what extent does the way we model unobserved heterogeneity…
After the liberalization of energy markets in Germany in the 1990s, many municipalities have sold their shares in local or regional electricity providers to private owners in order to reduce budget deficits.…
