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Innovation and Social Capital: A Cross-country Investigation

Doh, Soogwan; Acs, Zoltan J. - Wirtschaftswissenschaftliche Fakultät, … - 2009

This study explores the impact of social capital on innovation by constructing a more general measure of social capital … that social capital has a positive impact on innovation at the national level. After controlling for R&D expenditure and … human capital there is a positive relationship between social capital and innovation. Social capital interacts with …

Persistent link: https://www.econbiz.de/10008509227

What determines the efficiency of regional innovation systems?

Fritsch, Michael; Slavtchev, Viktor - Wirtschaftswissenschaftliche Fakultät, … - 2007

We assess the efficiency of regional innovation systems (RIS) in Germany by means of a knowledge production function … the efficiency of its innovation system is inversely u-shaped. Regions dominated by large establishments tend to be less …

Persistent link: https://www.econbiz.de/10005090473

Creating Strategic Advantage through Entrepreneurial Governance in New Ventures

Audretsch, David B.; Lehmann, Erik E.; Plummer, Lawrence A. - Wirtschaftswissenschaftliche Fakultät, … - 2007

An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...

Persistent link: https://www.econbiz.de/10005090583

Returns to Education and Risky Financial Investment

Brown, Sarah; Taylor, Karl; Garino, Gaia - Department of Economics, University of Sheffield - 2006

The aim of this paper is to explore the relationship between wages, human capital and investment in financial assets with risky returns at the individual level. To explore this relationship from an international perspective, we analyse individual level data from the British Household Panel...

Persistent link: https://www.econbiz.de/10005463785

Intelligence, Human Capital, and Economic Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach

Jones, Garett; Schneider, W. Joel - EconWPA - 2005

Human capital plays an important role in the theory of economic growth, but it has been difficult to measure this abstract concept. We survey the psychological literature on cross-cultural IQ tests, and conclude that modern intelligence tests are well-suited for measuring an important form of a...

Persistent link: https://www.econbiz.de/10005407739

The Role of Endogenous Skill Choice in an Aging Economy

Jaag, Christian - EconWPA - 2005

This chapter analyzes the effects of an aging population on individual skill choices and the production structure by means of a dynamic general equilibrium model with overlapping generations and probabilistic aging. The model allows for capital-skill complementarity, which strongly affects the...

Persistent link: https://www.econbiz.de/10005408449

Social Interaction and Intergenerational Skill Transfer

Brown, Sarah; Taylor, Karl - Department of Economics, University of Sheffield - 2006

We explore the relationship between educational attainment and social interaction using individual level data from the British National Child Development Study. To be specific, we analyze whether an intergenerational aspect to this relationship exists by examining the relationship between the...

Persistent link: https://www.econbiz.de/10005593077

The Over-Education of UK Immigrants and Minority Ethnic Groups: Evidence from the Labour Force Survey.

Lindley, Joanne Kathryn - Department of Economics, University of Sheffield - 2007

Persistent link: https://www.econbiz.de/10005593089

Returns to Education, Child Labor, & Schooling in India

Chamarbagwala, Rubiana - EconWPA - 2004

In an environment where children's time has an economic value and employment opportunities for educated workers are scarce, parental investments in their children's education may not be driven entirely by poverty and credit constraints. We offer evidence that children's participation in child...

Persistent link: https://www.econbiz.de/10005556051

What is Left to Residual Claimants? The Empirics of Income Reported by Entrepreneurs and Workers

Poutvaara, Panu; Tuomala, Juha - EconWPA - 2004

Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average income with all but undergraduate level of...

Persistent link: https://www.econbiz.de/10005556770