The paper deals with the analysis of causal effects of venture capital finance for start-ups founded between 1991 and 1998 in Germany. The number of venture-backed firms is based on the identification of…
This paper investigates under which conditions firms use fixed-term contracts, subcontracted and freelance work. Using a probit model which accounts for unobserved heterogeneity, we find that positive changes in…
This paper derives a three stage Cournot–oligopoly game for product innovation, expenditure on introducing the product and competition on the product market. Product innovation is assumed to increase consumer…