Showing 1 - 10 of 257
We develop an endogenous growth model which is focussed on entrepreneurial skills and their impact on growth and convergence. Our work is closely related to the model by Acemoglu et al. (2006) but extends their analysis in some important respects. Entrepreneurs in our model dispose of two...
Persistent link: https://www.econbiz.de/10005755150
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
The paper investigates the relationship between human capital diversity measured in terms of occupational diversity and a firm's likelihood to innovate. The empirical analysis is based on a linked employer-employee panel dataset of German firms over the period 1998 to 2007. Despite notable...
Persistent link: https://www.econbiz.de/10008509664
In this paper, the authors develop a new estimation method that is suitable for censored models with two high-dimensional fixed effects and that is based on a sequence of least squares regressions, yielding significant savings in computing time and hence making it applicable to frameworks in...
Persistent link: https://www.econbiz.de/10010983179
We analyze the spatial diffusion of knowledge in laser technology in West Germany from 1960, when this technology began … of laser knowledge was especially prevalent in large agglomerations. While we cannot detect knowledge spillovers from … research later, indicating the accumulation of knowledge generated in previous periods. Our results highlight the role of a …
Persistent link: https://www.econbiz.de/10008511324
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
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
drive innovation. …
Persistent link: https://www.econbiz.de/10005032006
closely connected with changing knowledge and property rights. The internationalization of markets as a consequence of …
Persistent link: https://www.econbiz.de/10005616514
The proposal involves the establishment of ?welfare accounts? for every person in a country. There are to be 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/10010955894