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This study examines the determinants of technological innovation and its impact on firm labor productivity across six … technological advances, and those that innovate have greater labor productivity than those that do not. Yet firm-level determinants … productivity, however, highlight the importance of innovation in enabling firms to improve economic performance and catch up. …
Persistent link: https://www.econbiz.de/10008677811
The basic worldwide financial safety net architecture provides for a system of similar institutions: a lender of last resort, deposit insurance, and prudential regulation. In countries whose banking systems suffer seriously from negative capital positions and overbanking, such as in some Latin...
Persistent link: https://www.econbiz.de/10011543262
This paper analyzes the consequences of alternative financial structures for financial efficiency and stability. The focus is on the organizational structure of banks. Alternative bank structures range from "narrow banks" to broad "universal banks". Each banking structure is assessed in its...
Persistent link: https://www.econbiz.de/10011541581
Persistent link: https://www.econbiz.de/10013552074
This paper reviews the adjustments of the feed-in tariff for new solar photovoltaics (PV) installations in Germany. As PV system prices declined rapidly over the last years, the German government implemented automatic mechanisms to adjust the support level for new installations in response to...
Persistent link: https://www.econbiz.de/10009646235
innovation were found to be significant, promoting a non-negligible acceleration of labor productivity gains. However, the … respect to products on labor productivity. However, the degree of novelty of process innovation is significantly inferior to …
Persistent link: https://www.econbiz.de/10008598655
This paper discusses the impact of a firm's technology portfolio on its market value. Two concepts are used to characterize a firm's portfolio: the number of technological fields and the degree of relatedness within the portfolio characterized by the amount of joint occurrences of patents in...
Persistent link: https://www.econbiz.de/10004963929
Persistent link: https://www.econbiz.de/10000870984