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Radical or incremental: Where does R&D policy hit?

Beck, Mathias; Lopes-Bento, Cindy; Schenker-Wicki, Andrea - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014

substitution effects or general innovation outcome measures, but we are interested in knowing where the policy effect is highest …: on innovation close to the market (i.e. incremental innovation) or on innovation that is still far from the market and … market failure is highest, that is, for radical innovation. Taking into account that the Swiss funding agency encourages …

Persistent link: https://www.econbiz.de/10011097458

The Radical Innovation Investment Decision Refined

Bilkic, Natasa; Gries, Thomas; Naudé, Wim - Institute for the Study of Labor (IZA) - 2013

We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain …

Persistent link: https://www.econbiz.de/10010791525

Human Capital and the Size Distribution of Firms

Gomes, Pedro Maia; Kuehn, Zoë - Institute for the Study of Labor (IZA) - 2014

Countries that have relatively fewer workers with a secondary education have smaller firms. The shortage of skilled workers limits the growth of more productive firms. Two factors influence the availability of skilled workers: i) the education level of the workforce and ii) large public sectors...

Persistent link: https://www.econbiz.de/10010884127

The Firm Size Distribution across Countries and Skill-Biased Change in Entrepreneurial Technology

Poschke, Markus - Institute for the Study of Labor (IZA) - 2014

How and why does the firm size distribution differ across countries? Using two datasets covering more than 30 countries, this paper documents that several features of the firm size distribution are strongly associated with income per capita: the entrepreneurship rate and the fraction of small...

Persistent link: https://www.econbiz.de/10010884221

Occupational Sex Segregation and Management-Level Wages in Germany: What Role Does Firm Size Play?

Busch, Anne; Holst, Elke - Institute for the Study of Labor (IZA) - 2012

The paper analyzes the gender pay gap in private-sector management positions based on German panel data and using fixed-effects models. It deals with the effect of occupational sex segregation on wages, and the extent to which wage penalties for managers in predominantly female occupations are...

Persistent link: https://www.econbiz.de/10011279340

Credit Constraints as a Barrier to the Entry and Post-Entry Growth of Firms

Scarpetta, Stefano; Aghion, Philippe; Fally, Thibault - Institute for the Study of Labor (IZA) - 2007

Advanced market economies are characterized by a continuous process of creative destruction. Market forces and technological developments play a major role in shaping this process, but institutional and policy settings also influence firms’ decision to enter, to expand if successful and to...

Persistent link: https://www.econbiz.de/10005233782

The Formal Sector Wage Premium and Firm Size

Strobl, Eric Albert; Walsh, Frank; Badaoui, Eliane - Institute for the Study of Labor (IZA) - 2007

We show theoretically that when larger firms pay higher wages and are more likely to be caught defaulting on labour taxes, then large high-wage firms will be in the formal sector and small low-wage firms will be in the informal sector. The formal sector wage premium is thus just a firm size wage...

Persistent link: https://www.econbiz.de/10005247687

Is Bigger Still Better? The Decline of the Wage Premium at Large Firms

Even, William E.; Macpherson, David A. - Institute for the Study of Labor (IZA) - 2009

This study shows that the wage premium paid by large firms fell over the past 20 years and that the decline in the size premium has been most pronounced among the least educated work force. Empirical evidence supports several explanations for the decline in the size premium. First, there has...

Persistent link: https://www.econbiz.de/10005015495

Microeconomic Evidence of Creative Destruction in Industrial and Developing Countries

Bartelsman, Eric; Haltiwanger, John; Scarpetta, Stefano - Institute for the Study of Labor (IZA) - 2004

In this paper we provide an analysis of the process of creative destruction across 24 countries and 2-digit industries over the past decade. We rely on a newly assembled dataset that draws from different micro data sources (business registers, census, or representative enterprise surveys). The...

Persistent link: https://www.econbiz.de/10005703134

Assessing Job Flows across Countries: The Role of Industry, Firm Size and Regulations

Haltiwanger, John; Scarpetta, Stefano; Schweiger, Helena - Institute for the Study of Labor (IZA) - 2006

This paper reviews the process of job creation and destruction across a sample of 16 industrial and emerging economies over the past decade. It exploits a harmonized firm-level data-set drawn from business registers and enterprise census data. The paper assesses the importance of technological...

Persistent link: https://www.econbiz.de/10005822159

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