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This paper examines how productivity effects of human capital and innovation vary at different points of the …-technology manufacturing, average innovation performance is higher in all industries in Germany and the innovation performance distributions … investing in product innovation in the majority of industries. Frontier firms enjoy the highest returns to pro duct innovation …
Persistent link: https://www.econbiz.de/10011256679
This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. Decentralized control, on the...
Persistent link: https://www.econbiz.de/10010884642
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010745637
Innovation processes within corporations increasingly tap into international technology sources, yet little is known … about the relative contribution of different types of innovation channels. We investigate the effectiveness of different …
Persistent link: https://www.econbiz.de/10011071311