The Elgar Companion to Neo-Schumpeterian Economics is a cutting-edge collection of specially commissioned contributions highlighting not only the broad scope but also the common ground between all branches of this prolific and fast developing field of economics.

<title>Abstract</title> Nickell <italic>et al</italic>. (2005) have frequently been cited as empirical evidence that labor market rigidities cause high unemployment. We find that their model is <underline>not</underline> robust. Leaving their database unchanged and changing three details in their estimation procedure, it turns out that several...