Add to ORKGThis paper examines the effects of uncertainty and flexible labour contracts on the Research and Development (R&D) expenditure. Using a panel of Italian manufacturing firms, we find a hump-shaped relationship between workforce flexibility and R&D outlays. Moreover, as predicted by the real options theory, our results suggest that product market uncertainty reduces R&D efforts and that flexible labour contracts countervail the adverse effect of uncertainty on R&D
Managerial flexibility has value in the context of uncertain R&D projects, as manage-ment can re...
In the last fifteen years the debate about the investment-uncertainty relationship has flourished. F...
This paper shows that, with (partial) irreversibility, higher uncertainty reduces the impact effect ...
This paper examines the effects of uncertainty and flexible labour contracts on the Research and Dev...
This paper examines the effects of uncertainty and flexible labour contracts on the Research and Dev...
Uncertainty varies strongly over time, rising by 50% to 100% in recessions and by up to 200% after m...
Theoretically, the effect on investment of uncertainty over the demand for a firm’s product is uncle...
Recent empirical studies suggest that the relation between labour flexibility and innovation is much...
From a theoretical point of view, uncertainty over the demand for a firm’s product may have unclear ...
WP 04/2004; The traditional explanations of Italian industry’s low commitment to R&D activities ...
none2The aim of this study is to provide new theoretical insights and empirical evidence on the effe...
Research Summary Why do some firms increase R&D investments in the face of uncertainty, while others...
The thesis is structured in three articles which develop an analysis focused on the effects of labou...
The literature suggests that public research and development (R&D) subsidies may reduce market failu...
The aim of this study is to provide new theoretical insights and empirical evidence on the effect o...
Managerial flexibility has value in the context of uncertain R&D projects, as manage-ment can re...
In the last fifteen years the debate about the investment-uncertainty relationship has flourished. F...
This paper shows that, with (partial) irreversibility, higher uncertainty reduces the impact effect ...
This paper examines the effects of uncertainty and flexible labour contracts on the Research and Dev...
This paper examines the effects of uncertainty and flexible labour contracts on the Research and Dev...
Uncertainty varies strongly over time, rising by 50% to 100% in recessions and by up to 200% after m...
Theoretically, the effect on investment of uncertainty over the demand for a firm’s product is uncle...
Recent empirical studies suggest that the relation between labour flexibility and innovation is much...
From a theoretical point of view, uncertainty over the demand for a firm’s product may have unclear ...
WP 04/2004; The traditional explanations of Italian industry’s low commitment to R&D activities ...
none2The aim of this study is to provide new theoretical insights and empirical evidence on the effe...
Research Summary Why do some firms increase R&D investments in the face of uncertainty, while others...
The thesis is structured in three articles which develop an analysis focused on the effects of labou...
The literature suggests that public research and development (R&D) subsidies may reduce market failu...
The aim of this study is to provide new theoretical insights and empirical evidence on the effect o...
Managerial flexibility has value in the context of uncertain R&D projects, as manage-ment can re...
In the last fifteen years the debate about the investment-uncertainty relationship has flourished. F...
This paper shows that, with (partial) irreversibility, higher uncertainty reduces the impact effect ...