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Should Easier Access to International CreditReplace Foreign Aid?

Bandyopadhyay, Subhayu; Lahiri, Sajal; Younas, Javed - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011

We examine the interaction between foreign aid and binding borrowing constraint for arecipient country. We also analyze how these two instruments affect economic growth vianon-linear relationships. First of all, we develop a two-country, two-period trade-theoreticmodel to develop testable...

Persistent link: https://www.econbiz.de/10009522214

Where Are the Real Bottlenecks?Evidence from 20,000 Firms in 60 Countries aboutthe Shadow Costs of Constraints to Firm Performance

Carlin, Wendy; Schaffer, Mark; Seabright, Paul - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

We use data from over 20,000 firms in 60 countries to identify constraints on the growth offirms. We interpret managers´ answers to survey questions on the extent to which variousaspects of their external environment inhibit the performance of their firm as measuring theshadow cost of...

Persistent link: https://www.econbiz.de/10005861835

Financing Entrepreneurship and the Old-Boy Network

Inci, Eren; Parker, Simon C. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2012

We study entrepreneurs’ start-up financing from banks and local financiers. An informalnetwork, whose membership cannot be observed by outsiders, conveys the good signals itgets about the hidden types of network entrepreneurs to local financiers, which are thenreflected in different loan...

Persistent link: https://www.econbiz.de/10009486875

Foreign Capital and Economic Growth

Prasad, Eswar S.; Rajan, Raghuram Govind; Subramanian, … - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

We document the recent phenomenon of uphill flows of capital from nonindustrial toindustrial countries and analyze whether this pattern of capital flows has hurt growth innonindustrial economies that export capital. Surprisingly, we find that there is a positivecorrelation between current...

Persistent link: https://www.econbiz.de/10005861353

Brain Drain, Fiscal Competition,and Public Education Expenditure

Egger, Hartmut; Falkinger, Josef; Grossmann, Volker - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

This paper uses a two-country model with integrated markets for high-skilled labor to analyzethe opportunities and incentives for national governments to provide higher education.Countries can differ in productivity, and education is financed through a wage tax, so thatbrain drain affects the...

Persistent link: https://www.econbiz.de/10005863111

Innovation, Employment and Skills inAdvanced and Developing Countries:A Survey of the Literature

Vivarelli, Marco - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2012

This paper critically discusses the theoretical and empirical literature on the quantitative andqualitative employment impact of technological change, compares the relative explanatorypower of the competing theories, and explains in detail the macro and micro evidence on theissue, with reference...

Persistent link: https://www.econbiz.de/10009486874

R&D Drivers in Young Innovative Companies

García-Quevedo, José; Pellegrino, Gabriele; … - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011

autoregressive nature of innovation. Using a large longitudinal datasetcomprising Spanish manufacturing firms over the period 1990 … the case of the YICs, suggesting that their innovation behaviour is less persistentand more erratic. Moreover, our results … suggest that firm and market characteristics play adistinct role in boosting the innovation activity of firms of different age …

Persistent link: https://www.econbiz.de/10009522193

Discrete Innovation, Continuous Improvement,and Competitive Pressure

Ghosh, Arghya; Kato, Takao; Morita, Hodaka - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

Does competitive pressure foster innovation? In addressing this important question, priorstudies ignored a distinction … between discrete innovation aiming at entirely new technologyand continuous improvement consisting of numerous incremental …

Persistent link: https://www.econbiz.de/10005861521

The Catalysing Role of In-House R&D in Fosteringthe Complementarity of Innovative Inputs

Catozzella, Alessandra; Vivarelli, Marco - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

innovative inputs on a sample of 3045 manufacturing firms drawn fromthe third Italian Community Innovation Survey (1998 …-2000). The interactions between fourdifferent sources of innovation - internal and external R&D, embodied and …

Persistent link: https://www.econbiz.de/10005861526

What Is the Value of Entrepreneurship?A Review of Recent Research

Praag, Mirjam van; Versloot, Peter H. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

This paper examines to what extent recent empirical evidence can collectively andsystematically substantiate the claim that entrepreneurship has important economic value.Hence, a systematic review is provided that answers the question: What is the contribution ofentrepreneurs to the economy in...

Persistent link: https://www.econbiz.de/10005862087