Title: Firm leadership and innovative performance: Evidence from seven EU countries
Authors: Czarnitzki, Dirk ×
Kraft, K #
Issue Date: Jun-2004
Publisher: Kluwer academic publ
Series Title: Small business economics vol:22 issue:5 pages:325-332
Abstract: This paper considers the effect of different firm leadership on the innovative performance of firms from seven EU countries. We investigate whether owner-led or manager-led firms achieve a larger share of their turnover with product innovations. Economic theory does not propose clear answers to this question. In the empirical analysis, it turns out that the manager-led firms are more active innovators: the share of sales based on new products is larger if firms' managers do not hold any of the firms' capital. Surprisingly, there are no differences between the seven countries included in the regression analysis.
ISSN: 0921-898X
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Department of Managerial Economics, Strategy and Innovation (MSI), Leuven
× corresponding author
# (joint) last author

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