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Innovation in Cities: Science-Based Diversity, Specialization and Localized Competition

Audretsch, David B; Feldman, Maryann P - C.E.P.R. Discussion Papers - 1998

effect of the composition of economic activity on innovation. We test whether the specialization of economic activity within … together complementary activities, better promotes innovation. The evidence provides considerable support for the diversity …

Persistent link: https://www.econbiz.de/10005662217

The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists and Oligopolists

Norbäck, Pehr-Johan; Persson, Lars - C.E.P.R. Discussion Papers - 2006

Exit of venture-backed firms often takes place through sales to large incumbent firms. We show that in such an environment, venture-backed firms have a stronger incentive to develop basic innovations into commercialized innovations than incumbent firms, due to strategic product market effects....

Persistent link: https://www.econbiz.de/10005791605

Innovative Clusters and the Industry Life Cycle

Audretsch, David B; Feldman, Maryann P - C.E.P.R. Discussion Papers - 1995

The purpose of this paper is to link the propensity for innovative activity to cluster spatially to the stage of the industry life cycle. The theory of knowledge spillovers, based on the knowledge production function for innovative activity, suggests that geographic proximity matters most in...

Persistent link: https://www.econbiz.de/10005497876

The Territorial Dynamics Of Innovation In China And India

Crescenzi, Riccardo; Rodriguez-Pose, Andres; Storper, … - C.E.P.R. Discussion Papers - 2012

This paper analyses the geography of innovation in China and India. Using a tailor-made panel database for regions in … between the provinces and states within both countries are quite different. In China, the concentration of innovation is … contrast, innovation is much more dependent on a combination of good local socioeconomic structures and investment in science …

Persistent link: https://www.econbiz.de/10011083752

Taxation and the International Mobility of Inventors

Akcigit, Ufuk; Baslandze, Salomé; Stantcheva, Stefanie - C.E.P.R. Discussion Papers - 2015

This paper studies the effect of top tax rates on inventors' mobility since 1977. We put special emphasis on "superstar" inventors, those with the most and most valuable patents. We use panel data on inventors from the United States and European Patent Offices to track inventors' locations over...

Persistent link: https://www.econbiz.de/10011272707

The Catch-22 of External Validity in the Context of Constraints to Firm Growth

Fischer, Greg; Karlan, Dean S. - C.E.P.R. Discussion Papers - 2015

We document the presence of multiple and varied constraints to small and medium firm growth. This presents both a practical problem for business training programs and a challenge to academic economists trying to identify mechanisms though which these programs may affect outcomes. External...

Persistent link: https://www.econbiz.de/10011184078

Migration and Regional Adjustment to Asymmetric Shocks in Transition Economies

Fidrmuc, Jan - C.E.P.R. Discussion Papers - 2003

Does migration facilitate regional adjustment to idiosyncratic shocks? The evidence from post-communist economies indicates that the efficacy of migration in reducing inter-regional unemployment and wage differentials has in fact been rather low. High wages appear to encourage - and, similarly,...

Persistent link: https://www.econbiz.de/10005124486

Labour Mobility During Transition: Evidence from the Czech Republic

Fidrmuc, Jan - C.E.P.R. Discussion Papers - 2005

In this paper, I analyse the development of inter-regional mobility in the Czech Republic during the transition from central planning to a market economy. I show that while the intensity of migration is low and has even fallen during the transition, regional disparities in unemployment rates and...

Persistent link: https://www.econbiz.de/10005136748

Culture, Entrepreneurship, and Growth

Doepke, Matthias; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2013

We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that affect the steepness of the lifetime consumption profile....

Persistent link: https://www.econbiz.de/10011084260

The Lifecycle of Regions

Audretsch, David B; Falck, Oliver; Feldman, Maryann P; … - C.E.P.R. Discussion Papers - 2008

routinized phase where innovation takes place within top-performing incumbents; (3) a second entrepreneurial phase characterized … routinization, in which no further innovation takes place, but is instead a phase of structural change. Using data on 74 West German …

Persistent link: https://www.econbiz.de/10005124213