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Foreign and Native-Born STEM Graduates and Innovation Intensity in the United States
Winters, John V. - Institute for the Study of Labor (IZA) - 2014
This paper examines the effects of foreign- and native-born STEM graduates and non-STEM graduates on patent intensity … area patent intensity, but college graduates in non-STEM fields have a smaller and statistically insignificant effect on … native and foreign STEM graduates have statistically significant and economically large effects on innovation. Together these …
Persistent link: https://www.econbiz.de/10010959806
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Do Inventors Talk to Strangers? On Proximity and Collaborative Knowledge Creation
Crescenzi, Riccardo; Nathan, Max; Rodríguez-Pose, Andrés - Institute for the Study of Labor (IZA) - 2013
This paper investigates how physical, organisational, institutional, cognitive, social, and ethnic proximities between inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper systematically explores the net effects of all...
Persistent link: https://www.econbiz.de/10010721624
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What Is the Value of Entrepreneurship? A Review of Recent Research
Praag, Mirjam van; Versloot, Peter H. - Institute for the Study of Labor (IZA) - 2007
answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …
Persistent link: https://www.econbiz.de/10005822686
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Co-determination and Innovation
Kraft, Kornelius; Stank, Jörg; Dewenter, Ralf - Institute for the Study of Labor (IZA) - 2009
are used to compare the number of patents granted to co-determined firms before and after the introduction of the law …
Persistent link: https://www.econbiz.de/10008578125
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Unraveling the Role of Public Researcher Mobility for Industrial Innovation
Ejsing, Ann-Kathrine; Kaiser, Ulrich; Kongsted, Hans … - Institute for the Study of Labor (IZA) - 2011
1999-2004 and measure innovation performance by the (value-adjusted) number of patent applications at the European Patent … firms as well as immobile workers on the innovation performance of their employer. Our main result is that mobile university … scientists contribute substantially more to innovation than R&D workers hired from other firms who, in turn, contribute slightly …
Persistent link: https://www.econbiz.de/10009021639
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The Value of Hiring through Referrals
Burks, Stephen V.; Cowgill, Bo; Hoffman, Mitchell; … - Institute for the Study of Labor (IZA) - 2013
on rare "high-impact metrics" (e.g. creating patents and avoiding truck accidents), despite having similar …
Persistent link: https://www.econbiz.de/10011128036
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Legal Corruption, Politically Connected Corporate Governance and Firm Performance
Domadenik, Polona; Prašnikar, Janez; Svejnar, Jan - Institute for the Study of Labor (IZA) - 2014
In this paper we present and test a theory of how political corruption, found in many transition and emerging market economies, affects corporate governance and productive efficiency of firms. Our model predicts that underdeveloped democratic institutions that do not punish political corruption...
Persistent link: https://www.econbiz.de/10010884312
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Say Pays! Shareholder Voice and Firm Performance
Cuñat, Vicente; Giné, Mireia; Guadalupe, Maria - Institute for the Study of Labor (IZA) - 2014
This paper estimates the effects of Say-on-Pay (SoP); a policy that increases shareholder "voice" by providing shareholders with a regular vote on executive pay. We apply a regression discontinuity design to the votes on shareholder-sponsored SoP proposals. Adopting SoP leads to large increases...
Persistent link: https://www.econbiz.de/10010959767
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What Explains the Rise in CEO Pay in Germany? A Panel Data Analysis for 1977-2009
Fabbri, Francesca; Marin, Dalia - Institute for the Study of Labor (IZA) - 2012
The compensation of executive board members in Germany has become a highly controversial topic since Vodafone’s hostile takeover of Mannesmann in 2000 and it is again in the spotlight since the outbreak of the financial crisis of 2009. Based on unique panel data evidence of the 500 largest...
Persistent link: https://www.econbiz.de/10011279348
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Social Networks in the Boardroom
Kramarz, Francis; Thesmar, David - Institute for the Study of Labor (IZA) - 2006
This paper provides empirical evidence consistent with the facts that (1) social networks may strongly affect board composition and (2) social networks may be detrimental to corporate governance. Our empirical investigation relies on a unique dataset on executives and outside directors of...
Persistent link: https://www.econbiz.de/10005703530