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Wage Penalties for Career Interruptions: An Empirical Analysis for West Germany

Beblo, Miriam; Wolf, Elke - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2002

This paper examines the wage effects of different types of career interruptions. We consider the timing and duration of non-employment spells by exploiting an administrative data set of German social security accounts (IAB employment sample) supplemented with information on the employees? entire...

Persistent link: https://www.econbiz.de/10005097794

How much does a year off cost? Estimating the wage effects of employment breaks and part-time periods

Beblo, Miriam; Wolf, Elke - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2000

Discontinuities in the employment profile are supposed to cause wage cuts since they imply an interruption in the accumulation of human capital as well as a depreciation of the human capital stock built up in the past. In this paper, we estimate the return to effective experience, taking into...

Persistent link: https://www.econbiz.de/10005098272

Sources of spillovers for imitation and innovation

Cappelli, Riccardo; Czarnitzki, Dirk; Kraft, Kornelius - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013

market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and … research institutions enhance original innovation. …

Persistent link: https://www.econbiz.de/10010957653

Profit-sharing and innovation

Aerts, Kris; Kraft, Kornelius; Lang, Julia - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013

We investigate the effect of profit-sharing on product and process innovation. Profit-sharing is a credible commitment … that the introduction of profit-sharing only spurs product innovation. …

Persistent link: https://www.econbiz.de/10010957731

Capital Control, Debt Financing and Innovative Activity

Czarnitzki, Dirk; Kraft, Kornelius - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2004

innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …

Persistent link: https://www.econbiz.de/10005097531

Spillovers of Innovation Activities and Their Profitability

Czarnitzki, Dirk; Kraft, Kornelius - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007

Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company … leakage of knowledge in an industry will negatively affect profitability. This paper presents the results of an empirical …

Persistent link: https://www.econbiz.de/10005097637

Haftungsregeln und Innovation

Czarnitzki, Dirk; Kraft, Kornelius - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2000

This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity …

Persistent link: https://www.econbiz.de/10005097836

On the Profitability of Innovative Assets

Kraft, Kornelius; Czarnitzki, Dirk - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2004

Successful innovative activity is a major contribution to the intangible capital of firms. Although its importance is generally acknowledged, the contribution to companies? profits is a priori unclear. We present the results of an empirical study on the effects of the patent stock on...

Persistent link: https://www.econbiz.de/10005097921

Measuring the impact of innovation on firm value: a new approach

Kraft, Kornelius; Czarnitzki, Dirk - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2002

Most of the existing empirical literature on the relationship of firm value and knowledge capital is based on the stock …. It turns out that innovative firms, i.e. those with a reasonable knowledge stock, have a better credit rating and thus …

Persistent link: https://www.econbiz.de/10005097946

Export and innovation activities in the German service sector: empirical evidence at the firm level

Ebling, Günther; Janz, Norbert - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 1999

In this paper we analyse the relationship between export and innovation activities of German service sector companies … using data from the 1997 wave of the Mannheim Innovation Panel in the Service Sector. There is a lot of support for the … Schumpeterian hypothesis of export activities being mainly driven by innovation activities. Factor endowment theories are only …

Persistent link: https://www.econbiz.de/10005098107