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Haftungsregeln und Innovation

Author

Listed:
  • Czarnitzki, Dirk
  • Kraft, Kornelius

Abstract

In dieser Studie werden die Anreize für Innovationsaktivitäten von Firmen mit beschränkter und unbeschränkter Haftung untersucht. Innovationen sind mit einem gewissen Risiko behaftet. Firmeneigner können ihr persönliches Risiko jedoch begrenzen, wenn das Unternehmen eine Rechstform mit Haftungsbeschränkung hat. Andererseits können bei begrenzter Haftung Schwierigkeiten bei der Kapitalbeschaffung auftreten. Die vorliegende Arbeit diskutiert diese Themen zunächst theoretisch und präsentiert anschließend empirische Ergebnisse zu Forschungs- und Entwicklungsaktivitäten sowie zu Sachanlageinvestitionen. Es stellt sich heraus, dass Firmen mit beschränkter Haftung mehr Forschung und Entwicklung betreiben als andere Unternehmen. Auf die Investitionen in Sachanlagen hat die Rechtsform keine Auswirkung.

Suggested Citation

  • Czarnitzki, Dirk & Kraft, Kornelius, 2000. "Haftungsregeln und Innovation," ZEW Discussion Papers 00-38, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  • Handle: RePEc:zbw:zewdip:5321
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Katrin Hussinger, 2008. "R&D and subsidies at the firm level: an application of parametric and semiparametric two-step selection models," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 23(6), pages 729-747.
    2. Pies, Ingo & Sass, Peter, 2011. "Wie sollte die Managementvergütung (nicht) reguliert werden? Ordnungspolitische Überlegungen zur Haftungsbeschränkung von und in Organisationen," Discussion Papers 2011-2, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    3. Czarnitzki, Dirk & Kraft, Kornelius, 2001. "Unternehmensleitung und Innovationserfolg," ZEW Discussion Papers 01-70, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    4. Heger, Diana & Hussinger, Katrin, 2013. "External capital access and new product launch in start-up firms with uncertain intellectual property rights," ZEW Discussion Papers 13-095, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    5. Volker Zimmermann, 2003. "Innovationsaktivitäten von kmU im verarbeitenden Gewerbe: Was zeichnet Imitatoren und originäre Innovatoren aus?," ZEW Discussion Papers 03-37, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    6. Czarnitzki Dirk & Kraft Kornelius, 2003. "Unternehmensleitung und Innovationserfolg / Corporate Management and Innovation," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 223(6), pages 641-658, December.
    7. Pies Ingo & Sass Peter, 2011. "Wie sollte die Managementvergütung (nicht) reguliert werden? – Ordnungspolitische Überlegungen zur Haftungsbeschränkung von und in Organisationen / How Managerial Compensation Should (not) be Regulate," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 62(1), pages 231-268, January.

    More about this item

    Keywords

    Innovation; Capital Investment; Limited Liability; Tobit-Regression;

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models; Threshold Regression Models
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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