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This study explores the impact of social capital on innovation by constructing a more general measure of social capital … that social capital has a positive impact on innovation at the national level. After controlling for R&D expenditure and … human capital there is a positive relationship between social capital and innovation. Social capital interacts with …
Persistent link: https://www.econbiz.de/10010271793
important conditions for R&D cooperation and innovation. I begin by providing a "beyond-R&D" definition of absorptive capacity … cooperative R&D on incremental product, process and radical innovation. Employing the IAB Establishment Panel Survey on about 1200 … German innovation-based establishments during 2007-2011, findings demonstrate that adoption of employment practices …
Persistent link: https://www.econbiz.de/10011419475
Human resources are a key factor for firm success, particularly nowadays when most industrial economies face an increasing shortage of qualified labour. With their pooled labour markets, regional clusters have been shown to be a preferable location for firms in order to satisfy their demand for...
Persistent link: https://www.econbiz.de/10012389633
innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …
Persistent link: https://www.econbiz.de/10014226119
We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … little innovation in (i) the ith region, (ii) an aggregate economy of N>2 regions and (iii) an aggregate economy of N=2 …
Persistent link: https://www.econbiz.de/10014143303
This study explores the impact of social capital on innovation by constructing a more general measure of social capital … that social capital has a positive impact on innovation at the national level. After controlling for R&D expenditure and … human capital there is a positive relationship between social capital and innovation. Social capital interacts with …
Persistent link: https://www.econbiz.de/10008509227
We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …
Persistent link: https://www.econbiz.de/10012462712
An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...
Persistent link: https://www.econbiz.de/10010263845
We assess the efficiency of regional innovation systems (RIS) in Germany by means of a knowledge production function … efficiency of its innovation system is inversely u-shaped. Regions dominated by large establishments tend to be less efficient …
Persistent link: https://www.econbiz.de/10010263783
drive innovation. …
Persistent link: https://www.econbiz.de/10010266685