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investigations that have focused on the relationship between innovation and employment, the originality of our approach lies in our …-creating potential of firms of different sizes. As a result, we focus on the effect of innovation on total number of jobs, whereas … previous studies have focused on the effect of innovation on firm behavior. Indeed, previous studies have typically taken the …
Persistent link: https://www.econbiz.de/10010750726
Innovation is commonly seen as the principal engine of economic development. In this paper, we investigate the … microfoundations of economic growth by relating innovation to sales growth at the firm-level, for incumbent firms in four «complex …
Persistent link: https://www.econbiz.de/10010750858
I investigate the mechanisms through which a cluster policy can enhance entrepreneurship defined as new venture creation. The paper is based on the study of a cluster policy ('BioRegio') that strongly simulated new firm creation in biotechnology in Germany after 1996. The process induced by...
Persistent link: https://www.econbiz.de/10010736423
This paper offers many new insights into the processes of firm growth by applying a vector autoregression (VAR) model to longitudinal panel data on French manufacturing firms. We observe the co-evolution of key variables such as growth of employment, sales, gross operating surplus and labour...
Persistent link: https://www.econbiz.de/10010750364
Complicated neoclassical models predict that if investment is sensitive to current financial performance, this is a sign that something is "wrong" and is to be regarded as a problem for policy. Evolutionary theory, on the other hand, refers to the principle of "growth of the fitter" to explain...
Persistent link: https://www.econbiz.de/10010750396
Serial correlation in annual growth rates carries a lot of information on growth processes - it allows us to directly observe firm performance as well as to test hypotheses. Using a 7-year balanced panel of 10 000 French manufacturing firms, we observe that small firms typically are subject to...
Persistent link: https://www.econbiz.de/10010750888
We survey the phenomenon of the growth of firms drawing on literature from economics, management and sociology. We begin with a review of empirical "stylised facts" before discussing theoretical contributions. Firm growth is characterized by a predominant stochastic element, making it difficult...
Persistent link: https://www.econbiz.de/10010750933
Targeted reductions in employers' social security contributions are conceived as a key policy instrument used to facilitate job creation when labour cost is so high that it may deter companies from hiring new employees. Among the different measures implemented in France, the set of instruments...
Persistent link: https://www.econbiz.de/10010821224
experts, institutional representatives, and farmers. It is applied in two case studies in France and Portugal. From a …
Persistent link: https://www.econbiz.de/10009650051
This paper analyzes income and earnings concentration in Portugal from a long-run perspective using personal income and … is today. Top income shares estimated from reported incomes deteriorated during the Second World War, even if Portugal …
Persistent link: https://www.econbiz.de/10010738825