Showing 1 - 10 of 62
A simple model of process innovation is proposed, where firms learn about their ideal production process by making …
Persistent link: https://www.econbiz.de/10005016845
creativity. Markets for intellectual assets protected by IP rights can produce too much or too little innovation. …
Persistent link: https://www.econbiz.de/10005017081
interaction among firm-level internationalization, innovation and productivity across seven European countries (Austria, France …-level characteristics across countries and sectors. We also find that the positive correlation between internationalization and innovation … internationalization goes beyond export and because, in the medium-to-long term, internationalization is driven by innovation. We recommend …
Persistent link: https://www.econbiz.de/10010759887
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010655943
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …
Persistent link: https://www.econbiz.de/10010549053
effect which becomes more pronounced when we account for the endogeneity of innovation. This is the case for three different … count measures of innovation - a global measure of innovation and measures for labour innovations and capital innovations …
Persistent link: https://www.econbiz.de/10008476321
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …
Persistent link: https://www.econbiz.de/10005670440
innovation. Unlike previous literature based on survey data, we exploit the observed pattern of contributions - the .revealed …
Persistent link: https://www.econbiz.de/10005670637
Germany's Great Depression of the early 1930s started in 1929 with a sudden stop in the current account. It ended after a foreign debt default that unfolded in several stages from 1931 to 1933. This chapter reviews Germany's macroeconomic history between the gold-based stabilisation of 1924 and...
Persistent link: https://www.econbiz.de/10010552589
This paper examines the role of currency and banking in the German financial crisis of 1931 for both Germany and the U.S. We specify a structural dynamic factor model to identify financial and monetary factors separately for each of the two economies. We find that monetary transmission through...
Persistent link: https://www.econbiz.de/10008542760