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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
We study the intermediary role of tour operators in the market for package tourism. Intermediaries often arise in order …
Persistent link: https://www.econbiz.de/10005124410
This Paper develops a methodology to compute transport costs at low infra-country geographical levels. This simultaneously accounts for the real network infrastructure, a distance cost (fuel, repair, tolls), and a time opportunity cost (wages, insurance and general charges, vehicle use). When...
Persistent link: https://www.econbiz.de/10005791775
Despite massive regional policy efforts, GDP per capita in Southern Italy has only briefly converged on Northern Italian levels (during the 1960s). Failure since then is associated with a policy switch from investment towards income maintenance, with reduced wage sensitivity to regional labour...
Persistent link: https://www.econbiz.de/10005656140
This paper applies a modified version of the `income choice' model to explain variations in new-firm formation across Italian provinces over the period 1985-8. Based on a panel data of start-up activity in 78 Italian provinces and using two different databases, we find support for the overall...
Persistent link: https://www.econbiz.de/10005661973
industrial district as a centre of innovation where positive local spillovers sustain the endogenous invention of new goods by …. In particular, firms’ attempts to circumvent trade barriers through delocation slow down the pace of innovation and harm …
Persistent link: https://www.econbiz.de/10005662351
Regions can benefit by offering infrastructure services that are differentiated by quality, thus segmenting the market for industrial location. Regions that compete on infrastructure quality have an incentive to increase the degree of differentiation between them. This places an upper bound on...
Persistent link: https://www.econbiz.de/10005504498
In this Paper we aim to examine the regional impact of foreign-owned establishments on the performance of domestic establishments in the electronics industry in the UK. We use establishment-level data taken from the UK Census of Production (the ARD) to this end. In the econometric specification,...
Persistent link: https://www.econbiz.de/10005123998
firm's incentives for R&D. These changes influence the probability of innovation through two effects: changes in total R … shift from the rival firm to the dominant firm is a good thing as it decreases the likelihood of duplicate innovation (we … rights are strong. That is, firm dominance is good for innovation when (but only when) property rights are strong. We also …
Persistent link: https://www.econbiz.de/10005789049
innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …
Persistent link: https://www.econbiz.de/10005789082