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Can historical institutions affect today's firm innovation? We analyze a historical experiment in 1902, when the … industrial firms in China, we show that firms in locations historically affected by the CMC rules exhibit higher innovation …
Persistent link: https://www.econbiz.de/10014478735
innovation, we characterize such "radical teams" as those formed by eclectic and non-usual collaborators, and those that are …
Persistent link: https://www.econbiz.de/10011451136
This policy note investigates whether the current level of public support to environment-friendly technologies is sufficient to allow European countries to respond to the multiple challenges posed by climate change and other environmental concerns. We first lay out the justifications for...
Persistent link: https://www.econbiz.de/10010519926
Green innovation is essential for climate change mitigation, but not all innovative projects deliver equal social value …. We consider innovator heterogeneity in a model where the policy maker cannot observe innovation quality and directly … subsidize the socially most valuable green innovations. We find that carbon pricing works as an innovation screening device …
Persistent link: https://www.econbiz.de/10013365365
Persistent link: https://www.econbiz.de/10003630838
During the latter part of the 1990s the introduction of the euro, the dramatic increase in the supply of venture capital in most EU countries, and the creation of several new equity markets targeted at innovative firms have dramatically transformed the financing prospects of European...
Persistent link: https://www.econbiz.de/10011507965
employment. In this context, the promotion of a concept called regional innovation system has recently become important in the EU … degrees of innovation promotion by the EU from one region to another. Since regional-policy strategies should have been … subject to a new orientation towards more innovation promotion, we are particularly interested in whether the EU's co …
Persistent link: https://www.econbiz.de/10009273908
We quantify general equilibrium effects of place-based policies in a multi-region framework with mobility, trade and agglomeration economies. Using detailed data on EU transfers, we infer the local effects of different transfer types on productivity, income and transportation cost. Based on...
Persistent link: https://www.econbiz.de/10011752504
industries. The same pattern shows up in the three Dutch Community Innovation Surveys. …
Persistent link: https://www.econbiz.de/10011449855
gains taxation, innovation subsidies, public R&D spending and other policy initiatives. …
Persistent link: https://www.econbiz.de/10011511054