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The Knowledge Spillover Theory of Entrepreneurship

Acs, Zoltán J; Audretsch, David B; Braunerhjelm, Pontus; … - C.E.P.R. Discussion Papers - 2005

entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created … endogenously via R&D results in knowledge spillovers. Such spillovers give rise to opportunities to be identified and exploited by …

Persistent link: https://www.econbiz.de/10005067475

Are Intellectual Property Rights Unfair?

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2003

If redistribution is distortionary, and if the income of skilled workers is due to knowledge-intensive activities and … distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …

Persistent link: https://www.econbiz.de/10005791837

The Missing Link: The Knowledge Filter and Entrepreneurship in Endogenous Growth

Acs, Zoltán J; Audretsch, David B; Braunerhjelm, Pontus; … - C.E.P.R. Discussion Papers - 2004

The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge … and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does … not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant …

Persistent link: https://www.econbiz.de/10005504210

Expanding the Welfare System: A Proposal for Reform

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

This proposal involves the establishment of ‘welfare accounts’ for every person in a country. There are four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...

Persistent link: https://www.econbiz.de/10005661484

Centralized Bargaining, Multi-Tasking, and Work Incentives

Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

The paper examines the implications of an important aspect of the ongoing reorganization of work – the move from occupational specialization towards multi-tasking – for centralized wage bargaining. The analysis shows how, on account of this reorganization, centralized bargaining becomes...

Persistent link: https://www.econbiz.de/10005662207

Growth in Euro Area Labour Quality

Schwerdt, Guido; Turunen, Jarkko - C.E.P.R. Discussion Papers - 2006

Composition of the euro area workforce evolves over time and in response to changing labour market conditions. We construct an estimate of growth in euro area labour quality over the period 1983-2004 and show that labour quality has grown on average by 0.6% year-on-year over this time period....

Persistent link: https://www.econbiz.de/10005662236

Trade and Entrepreneurship with Heterogeneous Workers

Oyama, Daisuke; Sato, Yasuhiro; Tabuchi, Takatoshi; … - C.E.P.R. Discussion Papers - 2007

This paper investigates the impacts of progressive trade openness, technological externalities, and heterogeneity of individuals on the formation of entrepreneurship in a two-country occupation choice model. We show that trade opening gives rise to a non-monotonic process of international...

Persistent link: https://www.econbiz.de/10005662268

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

Zero Returns to Compulsory Schooling in Germany: Evidence and Interpretation

Pischke, Jörn-Steffen; von Wachter, Till - C.E.P.R. Discussion Papers - 2005

We estimate the impact of compulsory schooling on earnings using the changes in compulsory schooling laws for secondary schools in West German states during the period from 1948 to 1970. While our research design is very similar to studies for various other countries, we find very different...

Persistent link: https://www.econbiz.de/10005666619

Educational Inputs and Outcomes Before the Transition from Communism

Beirne, John; Campos, Nauro F - C.E.P.R. Discussion Papers - 2007

Conventional wisdom suggests that the stocks of human capital were one of the few positive legacies from communism. However, if factories under communism were so inefficient, why would the education system not have been? Using the education production function approach and new data on...

Persistent link: https://www.econbiz.de/10005666644