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Die Auswirkungen der gesetzlichen Mitbestimmung auf die Innova-tionsaktivität deutscher Unternehmen

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  • Kornelius Kraft
  • Jörg Stank

Abstract

We investigate the effects of the German codetermination law of 1976 on the innova-tiveness of a sample of German stock companies from the manufacturing industry. Information from 155 companies on the number of patents granted in the time period 1971-1990 is combined with other firm and industry data. The sample, totalling 1,961 observations, is used for a difference-in-differences estimator on the question of a possible change after the introduction of the codetermination law. We find no evi-dence in favour of the popular hypothesis that codetermination reduces innovative activity. If anything, it increases it.

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Bibliographic Info

Article provided by Duncker & Humblot, Berlin in its journal Schmollers Jahrbuch.

Volume (Year): 124 (2004)
Issue (Month): 3 ()
Pages: 421-449

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Handle: RePEc:aeq:aeqsjb:v124_y2004_i3_q3_p421-449

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Cited by:
  1. Addison, John T. & Schnabel, Claus, 2009. "Worker Directors: A German Product that Didn't Export?," IZA Discussion Papers 3918, Institute for the Study of Labor (IZA).
  2. Franziska Boneberg, 2011. "The Economic Consequences of One-third Co-determination in German Supervisory Boards, First Evidence for the Service Sector from a New Source of Enterprise Data," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), Justus-Liebig University Giessen, Department of Statistics and Economics, vol. 231(3), pages 440-457, June.
  3. repec:iab:iabzaf:v:41:i:2/3:p:95-116 is not listed on IDEAS
  4. Fitzenberger, Bernd & Hübler, Olaf & Kraft, Kornelius, 2008. "Flexibilisierungspotenziale bei heterogenen Arbeitsmärkten : eine Einführung (Potentials for increasing flexibility in heterogeneous labour markets : an introduction)," Zeitschrift für ArbeitsmarktForschung - Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 41(2/3), pages 95-116.
  5. Sebastian Troch, 2009. "Drittelbeteiligung im Aufsichtsrat - Gesetzliche Regelung versus Unternehmenspraxis Ausmaß und Bestimmungsgründe der Umgehung des Drittelbeteiligungsgesetzes in Industrieunternehmen," Working Paper Series in Economics 128, University of Lüneburg, Institute of Economics.
  6. Balsmeier, Benjamin & Bermig, Andreas & Dilger, Alexander, 2013. "Corporate governance and employee power in the boardroom: An applied game theoretic analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 91(C), pages 51-74.
  7. Höpner, Martin & Müllenborn, Tim, 2010. "Mitbestimmung im Unternehmensvergleich: Ein Konzept zur Messung des Einflusspotenzials der Arbeitnehmervertreter im mitbestimmten Aufsichtsrat," MPIfG Discussion Paper 10/3, Max Planck Institute for the Study of Societies.
  8. Franziska Boneberg, 2009. "Die Drittelmitbestimmungslücke im Dienstleistungssektor. Ausmaß und Bestimmungsgründe," Working Paper Series in Economics 114, University of Lüneburg, Institute of Economics.

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