This paper presents an introductory analysis of price formation and volatility in the European Union Emissions Trading Scheme using highfrequency data. The results show that there are several anomalies both in…
Young firms with the ability to internationalize early and decisively have received much attention in recent academic discussion. However, relatively little is known about the underlying processes that enable…
Trotz der rezessiven gesamtwirtschaftlichen Lage sowie den zunehmend schwierigen Bedingungen auf den nationalen und internationalen Forschungsmärkten war das Zentrum für Europäische Wirtschaftsforschung (ZEW) in…
Searching for external knowledge has frequently been characterized as crucial for firm success. However, little is known about how the direction of search strategies influences innovation performance. In this…
