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shaped the economics of innovation as a distinct and specialised field of investigation. Comprehensive and accessible, it … further elaborates the relationship between the economics of knowledge and the economics of innovation. The Encyclopedia … and the Arrovian economics of knowledge as indispensable ingredients to understanding innovation. The entries highlight …
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general hypothesis by looking at three topics: 1. Does innovation lead to an increase in employment growth? 2. Does innovation … boost labour productivity? 3. Does innovation in one period improve innovation performance in subsequent periods? … general hypothesis by looking at three topics: 1. Does innovation lead to an increase in employment growth? 2. Does innovation …
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This Element combines the advances of the economics of knowledge and innovation implementing the Schumpeterian notion …
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We identify the impact of local firm concentration on incumbent performance with a quasi natural experiment. When Germany was divided after World War II, many firms in the machine tool industry fled the Soviet occupied zone to prevent expropriation. We show that the regional location decisions...
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Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of these measures bedevils interpretation. Chinitz (1961) hypothesized that coal mines near...
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