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performed, wages should in principle reflect productivity differences and that it is more difficult to discriminate on the basis … of the gap is due to productivity differences. <p> The main finding is that the productivity differences between sexes in … or less independent of supposed productivity differences between men and women, while under piece-rate work. The wage gap …
Persistent link: https://www.econbiz.de/10011019064
the cost and productivity effects, this specification is integrated into a flexible neoclassical cost function. The …, these cost savings can be very large. The estimates of productivity effects are also positive, albeit rather small. …
Persistent link: https://www.econbiz.de/10010600201
the cost and productivity effects, this specification is integrated into a flexible neoclassical cost function. …
Persistent link: https://www.econbiz.de/10005486498
performed, wages should in principle reflect productivity differences and that it is more difficult to discriminate on the basis … of the gap is due to productivity differences. …
Persistent link: https://www.econbiz.de/10005670114
The recent 'scientification' of commercial technology has brought the interface between universities and industry into sharp focus. In particular, academic entrepreneurship, i.e., the variety of ways in which academics take direct part in the commercialization of research, is widely discussed....
Persistent link: https://www.econbiz.de/10005419527
of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … economy. We argue that the latter area has been overlooked in the policy discussion and that a coherent innovation policy …
Persistent link: https://www.econbiz.de/10011118578
the real economic effect of buyouts: employment, wages, productivity, and long-run investments. Employment tend to … productivity gains following a buyout, with part of these being shared with worker through higher wages. The evidence is mixed …
Persistent link: https://www.econbiz.de/10008548989
In Capitalism, Socialism and Democracy Joseph A. Schumpeter concluded that socialism would eventually displace capitalism in Western democracies. This would come about as a result of the superior performance of capitalism. We extract six "stylized" propositions that are essential elements of...
Persistent link: https://www.econbiz.de/10005419535
External financing is important when inventors and small technology-based firms wish to commercialize their inventions. However, it is likely that problems related to adverse selection and moral hazard are present, and market failures occur, since inventors know more about the inventions than do...
Persistent link: https://www.econbiz.de/10005419541
This paper analyzes how institutional differences affect university entrepreneurship. We focus on ownership of faculty inventions, and compare two institutional regimes; the US and Sweden. In the US, the Bayh-Dole Act gives universities the right to own inventions from publicly funded...
Persistent link: https://www.econbiz.de/10010818426