Creativity refers to capacity of human beings to generate new productions or services that have value at the individual or collective level. The economic and social development of humanity since the Neolithic Revolution testifies to the tremendous power of creativity to promote change. This...

Innovation is widely considered as the main determinant of long-term economic growth. Despite this consensus, it is arduous to measure its economic effect at the firm and aggregate level. The objective of the present paper is to propose a critical examination of innovation indicators and...

There are high economic expectations concerning the emergence of Big Data: a promised golden age for both consumers and firms. Digital technology allows firms to provide digital services in exchange of personal data, from which they can finetune their supply to better match market demand. By...

Due to truncated datasets and flawed statistical methods, the firm size distribution (FSD) does not yet have its undisputed stylized fact. Using comprehensive data on Belgian private firms, this paper proposes to estimate and test a new parametric distribution, called Generalized Pareto with...