E-viri
Recenzirano
-
d'Andria, Diego; Uebelmesser, Silke
Industry and innovation, 09/2021, Letnik: 28, Številka: 8Journal Article
We study the determinants of the use of profit sharing schemes (PSS) by private companies, exploiting a firm-level dataset for Germany. First, our results from static regression models replicate studies for the U.S. which report a positive correlation between R&D activity and PSS use. Similar to those studies, we find that a firm's turnover is strongly associated with PSS use, whereas this does not hold for the age of a firm. Firms with an unionised or more qualified workforce are also associated with PSS use. By exploiting the panel structure of our data, we also provide a novel set of tests by means of dynamic models estimation. The analysis sheds light on the relation between R&D activity, past innovation and PSS use.
