Year: 2004
Author: Kraft, Komelius, Stank, Jörg
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 124 (2004), Iss. 3 : pp. 421–449
Abstract
We investigate the effects of the German codetermination law of 1976 an the innovativeness of a sample of German stock companies from the manufacturing industry. Information from 155 companies an 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 an the question of a possible change after the introduction of the codetermination law. We find no evidence in favour of the popular hypothesis that codetermination reduces innovative activity. If anything, it increases it.
Journal Article Details
Publisher Name: Global Science Press
Language: Multiple languages
DOI: https://doi.org/10.3790/schm.124.3.421
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 124 (2004), Iss. 3 : pp. 421–449
Published online: 2004-03
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 29
Author Details
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