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Growth through heterogeneous innovations
Akcigit, Ufuk; Kerr, William R. - Suomen Pankki - 2013
framework that contains multiple innovation sizes, multi-product firms, and entry/exit. Firms invest in exploration R&D to … regularities regarding innovation and growth differences across the firm size distribution. We also incorporate patent citations …
Persistent link: https://www.econbiz.de/10010818983
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Labor regulations and European venture capital
Bozkaya, Ant; Kerr, William R. - Suomen Pankki - 2013
European nations substitute between employment protection regulations and labor market expenditures (e.g., unemployment insurance benefits) for providing worker insurance. Employment regulations more directly tax firms making frequent labor adjustments than other labor market insurance...
Persistent link: https://www.econbiz.de/10011106047