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Bohemians, Human Capital, and Regional Economic Growth
Falck, Oliver; Fritsch, Michael; Heblich, Stephan - CESifo - 2009
An emerging literature on the geography of bohemians argues that a region’s lifestyle and cultural amenities explain, at least partly, the unequal distribution of highly qualified people across space, which in turn, explains geographic disparities in economic growth. However, to date, there...
Persistent link: https://www.econbiz.de/10005013060
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The Apple doesn't Fall far from the Tree: Location of Start-Ups Relative to Incumbents
Falck, Oliver; Fritsch, Michael; Heblich, Stephan - CESifo - 2008
New firm location decisions, relative to incumbents may be based on a choice between two types of advantages: natural advantages or those that arise from social embeddedness, the latter of which may particularly include knowledge spillovers. We analyze the relative importance of geographically...
Persistent link: https://www.econbiz.de/10005181388
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Political Persistence, Connections and Economic Growth
Bellettini, Giorgio; Ceroni, Carlotta Berti; Prarolo, … - CESifo - 2009
defend their monopoly position and prevent innovation and entry of high-quality competitors. This requires that the incumbent … quality upgrade related to innovation. Consistently with our empirical findings, the model delivers a negative association …
Persistent link: https://www.econbiz.de/10005765682
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Persistence of Politicians and Firms' Innovation
Bellettini, Giorgio; Ceroni, Carlotta Berti; Prarolo, … - CESifo - 2011
We empirically investigate whether the persistence of politicians in political institutions affects the innovation …’ innovation activity. However, once the causal effect is isolated by means of instrumental variables, using death of politicians … persistence and the probability of process innovation. This finding is consistent with the view that political stability may …
Persistent link: https://www.econbiz.de/10008853864