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Which Immigrants Are Most Innovative and Entrepreneurial: Distinctions by Entry Visa

Hunt, Jennifer - C.E.P.R. Discussion Papers - 2010

Using the 2003 National Survey of College Graduates, I examine how immigrants perform relative to natives in activities likely to increase U.S. productivity, according to the type of visa on which they first entered the United States. Immigrants who first entered on a student/trainee visa or a...

Persistent link: https://www.econbiz.de/10008468510

Business and Intellectual Capital Development in Financial Riptide - Case Studies of Finnish Biotechnology and Pharmaceutical Companies Dispersing into Global Value Chains

Kulvik, Martti; Tähtinen, Marja; Ylä-Anttila, Pekka - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2013

companies. It appears that important knowledge has vested by learning from earlier mistakes, and this learning period has …

Persistent link: https://www.econbiz.de/10010987109

Returns to Human Capital Under the Communist Wage Grid and During the Transition to a Market Economy

Münich, Daniel; Svejnar, Jan; Terrell, Katherine - C.E.P.R. Discussion Papers - 1999

Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper we use new micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market economy. We use data from the Czech Republic because it...

Persistent link: https://www.econbiz.de/10005666520

Training and Unions

Booth, Alison L; Chatterji, Monojit - C.E.P.R. Discussion Papers - 1997

The paper examines the optimal level of training investment when trained workers are mobile, wage contracts are time-consistent, and training comprises both specific and general skills. It is shown that, in the absence of a social planner, the firm has ex-post monopsonistic power that drives...

Persistent link: https://www.econbiz.de/10005666579

Reorganization of Firms and Labour Market Inequality

Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1996

This paper explores the implications of the ongoing reorganization of firms for inequality in the labour market. We show how recent technological advances in physical and human capital can lead to the breakdown of occupational barriers, creating demands for new combinations of skills, and...

Persistent link: https://www.econbiz.de/10005789077

Reducing Start-Up Costs for New Firms: The Double Dividend on the Labour Market

Dulleck, Uwe; Frijters, Paul; Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 2004

Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an insurance against unemployment caused by labour market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up...

Persistent link: https://www.econbiz.de/10005789165

The Absorption of Highly-Skilled Immigrants: Israel, 1990-1995

Eckstein, Zvi; Weiss, Yoram - C.E.P.R. Discussion Papers - 1998

This paper develops a descriptive methodology for the analysis of wage growth of immigrants, based on human capital theory. The sources of the wage growth are: (i) the rise of the return to imported human capital; (ii) the impact of accumulated experience in the host country; and (iii) the...

Persistent link: https://www.econbiz.de/10005124392

The Anatomy of French Production Hierarchies

Caliendo, Lorenzo; Monte, Ferdinando; Rossi-Hansberg, … - C.E.P.R. Discussion Papers - 2012

We use a comprehensive dataset of French manufacturing firms to study their internal organization. We first divide the employees of each firm into `layers' using occupational categories. Layers are hierarchical in that the typical worker in a higher layer earns more, and the typical firm...

Persistent link: https://www.econbiz.de/10011084412

Venture Capital, Patenting, and Usefulness of Innovations

Fabrizi, Simona; Lippert, Steffen; Norbäck, Pehr-Johan; … - C.E.P.R. Discussion Papers - 2011

We analyze incentives to develop entrepreneurial ideas for venture capitalists (VCs) and incumbent firms. If VCs are sufficiently better at judging an idea's value and if it is sufficiently more costly to patent low than high value ideas, VCs acquire valuable ideas, develop them beyond the level...

Persistent link: https://www.econbiz.de/10009643508

The Creation and Capture of Rents: Wages and Innovation in a Panel of UK Companies

Van Reenen, John - C.E.P.R. Discussion Papers - 1994

This paper examines the impact of technological innovation on wages using a panel of UK manufacturing firms. We utilize …. Innovating firms are found to have higher average wages, but rival innovation tends to depress own wages. This appears consistent … with a model where wages are partly determined by a sharing in the rents generated by innovation. In other words innovation …

Persistent link: https://www.econbiz.de/10005791279