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An important new literature on gross employment flows has produced a great outpouring of stylized facts. In this paper we examine one aspect of this literature through the lens of dynamic models and theories of industrial evolution. We extend the Davis and Haltiwanger methodology for analysis of...
Persistent link: https://www.econbiz.de/10005865251
The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does not explain how or why spillovers occur. The missing link...
Persistent link: https://www.econbiz.de/10005865018
consistent approach to integrate innovation, space and economic growth into a coherent theoretical framework A potential reason …. To shed some additional light on the spatial dimension of innovation we present results of a first-cut analysis building … on a recently developed cross sectional-time series data set of US innovation, private and university research and high …
Persistent link: https://www.econbiz.de/10005865243
Persistent link: https://www.econbiz.de/10010252244
entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature …
Persistent link: https://www.econbiz.de/10005864991
Although human capital externalities are a key variable in theories of economic growth, there has been little investigation of the mechanism by which these externalities are realized. We examine the relationship between the local levels of human capital and firm formation rates and find that...
Persistent link: https://www.econbiz.de/10005865252
A set of U.S.-based companies is investigated regarding the effectiveness of intellectual property protection mechanisms (IPPMs) in the formation of research partnerships. Patents are the most frequently used IPPM to protect both background and foreground knowledge in partnerships. Other IPPMs...
Persistent link: https://www.econbiz.de/10005865114