codified knowledge determine the returns on different occupational choices in different environments. The data are drawn from … privileged access to tacit knowledge, thus confirming previous analyses on the role of social learning (e.g. Guiso and Schivardi …, 2005). On the other hand, our results suggest that the returns on codified knowledge in entrepreneurial activities may …

This paper investigates the interplay between social capital, innovation and economic growth in the European Union. We … identify innovation as an important mechanism that transforms social capital into economic growth. In an empirical … investigation of 102 European regions in the period 1990-2002, we show that higher innovation performance is conducive to economic …