Innovation and bureaucracy under soft and hard budget constraints

Y Qian, C Xu - The Review of Economic Studies, 1998 - academic.oup.com
Because of the inherent uncertainty, promotion of innovation critically depends on screening
mechanisms to select projects. This paper studies the relationship between bureaucracy …

Private voluntary disclosure, financial intermediation and market efficiency

J Holland - Journal of Business Finance & Accounting, 1998 - Wiley Online Library
This paper describes how 33 large UK companies communicated with their core
shareholders, the large UK financial institutions. It focuses on the private voluntary …

[图书][B] Corporate vision and rapid technological change: The evolution of market structure

J Gill, P Swann - 2002 - taylorfrancis.com
This book examines the role of strategic visions of future technological development in the
evolution of market structure. This perspective offers a novel way of resolving some of the …

[图书][B] Umweltorientierte technologische Prozessinnovationen

EJ Schwarz - 2013 - books.google.com
Erich J. Schwarz untersucht die unterschiedlichen Ausprägungen umweltorientierter
Prozessinnovationen, diskutiert die mit der Technologiewahl einhergehenden …

Boundary of the Firm, Commitment, and R&D Financing

H Huang, C Xu - Commitment, and R&D Financing (July 1999), 1999 - papers.ssrn.com
A theory is provided to establish that the allocation of a firm's boundary is conditioned on the
financial institutions and on the features of R&D. We show that if a firm does not own a …

Strategic management of innovation risk in the biopharmaceutical industry: a UK perspective

CR Chandrasekar, CV Helliar… - International …, 1999 - inderscienceonline.com
This paper explores whether that part of the strategic management literature that is
concerned with innovation risk may help our understanding of changes in the UK …

[PDF][PDF] R&D financing and the boundary and ownership structure of the

H Huang, C Xu - Journal of Economics - academia.edu
This paper analyzes the impact of a firm's external financial environment and the feature of
its investment projects on the firm's boundary and ownership structure. Our theory highlights …

[PDF][PDF] The diffusion of process innovation in the UK financial sector: an empirical analysis of automated teller machine (ATM) diffusion

A Gourlay - 1999 - core.ac.uk
Recent policy initiatives have identified that the diffusion of innovation constitutes an
important component in technical change and progress and is the impetus behind changes …

R&D financing and the boundary and ownership structure of the firm

H Huang, C Xu - Proceedings of 2005 China International Conference in …, 2005 - hub.hku.hk
This paper analyzes the impact of a firm's external financial environment and the feature of
its investment projects on the firm's boundary and ownership structure. Our theory highlights …