innovation-friendly environment, resulting in a low export ratio given the small size of the country and its long-time EU …

innovation-friendly environment, resulting in a low export ratio given the small size of the country and its long-time EU …

), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge …A rich literature links knowledge inputs with innovative outputs. However, most of what is known is restricted to … productivity - hold for knowledge intensive services. Combining the models of Crepon et al. (1998) and of Ackerberg et al. (2015 …

), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge …A rich literature links knowledge inputs with innovative outputs. However, most of what is known is restricted to … productivity - hold for knowledge intensive services. Combining the models of Crepon et al. (1998) and of Ackerberg et al. (2015 …

job creation, expansion and innovation activities for up to 40 months after business formation. Using self … better, the higher they score on this index. Effects are particularly strong for growth oriented outcomes like innovation and … ambition, and necessity. We show that individuals driven by opportunity motives perform better in terms of innovation and …

well as growthoriented outcomes such as job creation and innovation. We find statistically significant and economically … stronger when focusing on the growth-oriented outcome of innovation. Furthermore, we observe that generalized self-efficacy is …

, most of them however working abroad. The central problem is the lack of an innovation-oriented industry structure and of a … well-functioning innovation system connecting research output with the demand of entrepreneurs and high-tech start-ups in …-added, the country has the opportunity to transform into an innovation-driven economy. …

research potential. To better take advantage of this, the country needs to expand its innovation system significantly. There is … greater added value in the medium term, the country has a chance of transforming itself into an innovation-driven economy. …