Showing 1 - 10 of 81
Modern growth theory puts invention on the center stage. Inventions are created by individuals, raising the question: can we increase number of inventors? To answer this question, we study the causal effect of M.Sc. engineering education on invention, using data on U.S. patents’ Finnish...
Persistent link: https://www.econbiz.de/10009275968
received more than 500 citations. We document major shifts in the mode of contribution and in the importance of different sub …
Persistent link: https://www.econbiz.de/10005791355
A key input to inventive activity is human capital. Hence it is important to understand the monetary incentives of inventors. We estimate the effect of patented inventions on individual earnings by linking data on U.S. patents and their inventors to Finnish employer-employee data. Returns are...
Persistent link: https://www.econbiz.de/10008530342
Using a data set of highly cited researchers in all fields of science, we show that the gap in scientific performance between Europe, especially continental Europe, and the USA is large. We model the number of highly cited researchers in a sample of countries as a function of physical and human...
Persistent link: https://www.econbiz.de/10005124468
‘generality’, self-citations, etc. Many of these measures exhibit interesting differences across the six main technological … — about 3 million patents and 16 million citations — is now available on the NBER website. We discuss key issues that arise in … the use of patent citations data, and suggest ways of addressing them. In particular, significant changes over time in the …
Persistent link: https://www.econbiz.de/10005136726
The paper investigates whether the financial crisis did affect risk perceptions, and, hence, change structural parameters. By decomposing credit spreads of US corporate bonds into the contributions by credit, equity, and liquidity risk factors as well as structural change, the relative...
Persistent link: https://www.econbiz.de/10009399718
Based on the individual-level data of the PISA 2000 study, this Paper provides a detailed econometric analysis of the way that reading test scores are associated with individual and family background information, and with characteristics of the school and class of the 15 to 16 year old...
Persistent link: https://www.econbiz.de/10005666771
The aim of this Paper is to improve our understanding of the empirical determinants of corporate growth by extending the literature to include a new group of variables related to FDI, namely the degree of foreign ownership and technology spillovers. Based on recent developments in the field, our...
Persistent link: https://www.econbiz.de/10005788884
Cultural factors and especially common languages are well-known determinants of trade. By contrast, the knowledge of foreign languages was not explored in the literature so far. We combine traditional gravity models with data on fluency in the main languages used in EU and candidate countries....
Persistent link: https://www.econbiz.de/10005791825
We use a quantile regression framework to investigate the degree to which work-related training affects the location, scale and shape of the conditional wage distribution. Human capital theory suggests that the percentage returns to training investments will be the same across the conditional...
Persistent link: https://www.econbiz.de/10005124003