Showing 1 - 10 of 10
What explains the world-wide trend of pro-entrepreneurial policies? We study entrepreneurial policy in a lobbying model taking into account the conflict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more pro-entrepreneurial policies....
Persistent link: https://www.econbiz.de/10008530366
This paper proposes a model where heterogeneous firms choose whether to undertake R&D or not. Innovative firms are more productive, have larger investment opportunities and lower own funds for necessary tangible continuation investments than non-innovating firms. As a result, they are...
Persistent link: https://www.econbiz.de/10009150949
R&D incentives of new entrants to a market may be shaped by the prospects of being acquired by an incumbent. In this paper, we analyze a two-stage innovation game between one incumbent and a large number of entrants. In the first stage, firms compete to develop innovations of high quality. They...
Persistent link: https://www.econbiz.de/10008784763
new start-ups need to protect their innovations and at the same time, should also prototype the intended product in order …
Persistent link: https://www.econbiz.de/10005656288
who first entered on a student/trainee visa or a temporary work visa have a large advantage over natives in wages …
Persistent link: https://www.econbiz.de/10008468510
to reduce its labour costs. If the level of wages is sufficiently low, the firm's rate of productivity growth approaches …
Persistent link: https://www.econbiz.de/10005067455
This paper examines the impact of technological innovation on wages using a panel of UK manufacturing firms. We utilize …. Innovating firms are found to have higher average wages, but rival innovation tends to depress own wages. This appears consistent … with a model where wages are partly determined by a sharing in the rents generated by innovation. In other words innovation …
Persistent link: https://www.econbiz.de/10005791279
This paper investigates the impact of innovation on employment using a panel of UK manufacturing firms and a headcount … bargains. Innovation is found to have positive effect on company employment raising it by 9--12% in the short run and up to 40 … higher employment growth from new products and processes. …
Persistent link: https://www.econbiz.de/10005067666
opportunities differ across workers determine simultaneously the long-run level of employment and the long-run rate of growth. We … rates but not necessarily less employment. The effects of redistributive policy measures among workers depend on the form of … redistribution. Subsidization of education increases employment and growth. Redistribution through the tax and benefit system or …
Persistent link: https://www.econbiz.de/10005114510
international competitiveness - to a lack of innovative activity. In Germany the Innovationskrise (innovation crisis) combines with … for the 1990s. This paper documents the extent of this economic dilemma confronting Germany as well as the rest of Western …
Persistent link: https://www.econbiz.de/10005661481