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We analyze the impact of profit sharing on the share of workers receiving training. An effect is plausible because: 1) profit sharing is a credible commitment by firms to reward firm-specific skills acquired by formal or informal training, 2) profit sharing may reduce turnover and increase the...
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knowledge spillovers and shift a location to a higher growth path …
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, but Chinese patenting for exploitation on the main markets for innovation(the European Union, Japan and the US) is still … marginal. - Asia's increased innovation spending is most prominently related to information and communication technologies …. Overall, the Chinese and Korean economies are still not specialised in knowledge-intensive goods and services …
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