Die Auswirkungen der gesetzlichen Mitbestimmung auf die Innova-tionsaktivität deutscher Unternehmen
Kornelius Kraft and
Jörg Stank
Schmollers Jahrbuch : Journal of Applied Social Science Studies / Zeitschrift für Wirtschafts- und Sozialwissenschaften, 2004, vol. 124, issue 3, 421-449
Abstract:
We investigate the effects of the German codetermination law of 1976 on the innova-tiveness of a sample of German stock companies from the manufacturing industry. Information from 155 companies on 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 on the question of a possible change after the introduction of the codetermination law. We find no evi-dence in favour of the popular hypothesis that codetermination reduces innovative activity. If anything, it increases it.
JEL-codes: J5 L2 O3 (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:aeq:aeqsjb:v124_y2004_i3_q3_p421-449
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