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Knowledge Remittances : Does Emigration Foster Innovation?
Fackler, Thomas - 2019
contributes to innovation in source countries. We use changes in the labour mobility legislation within Europe as exogenous …
Persistent link: https://www.econbiz.de/10012892171
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Immigrant Entrepreneurship
Pekkala, Sari; Kerr, William R. - 2016
We examine immigrant entrepreneurship and the survival and growth of immigrant-founded businesses over time relative to …
Persistent link: https://www.econbiz.de/10011584896
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Global Talent Flows
Pekkala, Sari; Kerr, William R.; Özden, Caglar; … - 2016
The global distribution of talent is highly skewed and the resources available to countries to develop and utilize their best and brightest vary substantially. The migration of skilled workers across countries tilts the deck even further. Using newly available data, we first review the landscape...
Persistent link: https://www.econbiz.de/10011584902
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High-Skilled Migration and Agglomeration
Pekkala, Sari; Kerr, William R.; Özden, Caglar; … - 2016
This paper reviews recent research regarding high-skilled migration. We adopt a data-driven perspective, bringing together and describing several ongoing research streams that range from the construction of global migration databases, to the legal codification of national policies regarding...
Persistent link: https://www.econbiz.de/10011584940
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Demography and innovative entrepreneurship
Bönte, Werner; Falck, Oliver; Heblich, Stephan - 2007
. In this article, we analyze the relationship between age structure and the number of startups. We argue that an … distribution affects the expected number of startups in the region. Using German regional data, we estimate a count-data model and … find that the expected number of startups is positively influenced by the fraction of individuals of working age 20 64 …
Persistent link: https://www.econbiz.de/10010264224
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Processing Immigration Shocks: Firm Responses on the Innovation Margin
Gray, Rowena; Montresor, Giulia; Wright, Greg C. - 2017
. We exploit firm-level panel data on product and process innovation activities in the United Kingdom and find that the … countries increased process innovation and reduced product innovation. This implies that the innovation response to labor supply …-skill intensity of firm production as well as firm size. In addition, the reduction in product innovation is lessened for firms whose …
Persistent link: https://www.econbiz.de/10011744930
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Race Meets Bargaining in Product Development
Karagözoğlu, Emin - 2020
We introduce a model of product development in a firm. Our model describes the process as a multi-stage contest (i.e., race) with an endogenous length (with one stage or two stages) between two workers. We model the payments to workers from the new product using the normatively appealing Nash...
Persistent link: https://www.econbiz.de/10012841137
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Innovation, trade, and finance
Egger, Peter; Keuschnigg, Christian - 2011
This paper proposes a model where heterogeneous firms choose whether to undertake R&D or not. Innovative firms are more productive, have larger investment opportunities and lower own funds for necessary tangible continuation investments than non-innovating firms. As a result, they are...
Persistent link: https://www.econbiz.de/10010277410
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Are Business Start-Ups Liquidity Constrained? Evidence from a Quasi-Experimental Allocation of Housing Wealth in East Germany
Fuchs, Tobias - 2019
Are entrepreneurs liquidity constraint? Using quasi-random housing wealth variation resulting from communist era decisions, we argue yes, as we find that wealthier East Germans are more likely to become self-employed after reunification. In the literature, no such strong relationship was found...
Persistent link: https://www.econbiz.de/10012865172
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Crowdfunding Dynamics
Belleflamme, Paul - 2019
Various forms of social learning and network effects are at work on crowdfunding platforms, giving rise to informational and payoff externalities. We use novel entrepreneur-backer data to study how these externalities shape funding dynamics, within and across projects. We find that backers...
Persistent link: https://www.econbiz.de/10012861378