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How do geographic frictions affect firm organization? We show theoretically and empirically that geographic frictions increase the use of middle managers in multi-establishment firms. In our model, we assume that the time of the CEO of a firm is a resource of limited supply that is shared among...
Persistent link: https://www.econbiz.de/10011955563
Software engineering is prototypical of knowledge work in the digital economy and exhibits strong geographic … concentration, with Silicon Valley as the epitome of a tech cluster. We investigate productivity effects of knowledge worker …
Persistent link: https://www.econbiz.de/10015048324
diffusion and, to some extent, shaped the geography of innovation. … accessing useful knowledge by adopting, producing, and diffusing new ideas. Combining location information for the universe of 3 … arose through agglomeration economies and localized knowledge spillovers. To support this claim, we provide evidence …
Persistent link: https://www.econbiz.de/10013285574
We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the … inventors. Our results generalize the evidence of previous studies that show how migrant inventors "import" knowledge from their … knowledge across nations. …
Persistent link: https://www.econbiz.de/10012026463
We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography … endogenous emergence of industry clusters. Spatial variations in knowledge spillovers lead to spatial concentration of more …. Narrowing the gap in knowledge spillovers across regions raises growth, and reduces regional inequality by making firms more …
Persistent link: https://www.econbiz.de/10011810111
' access to new and better capital goods depends on the knowledge gap, i.e., the wedge between the firm's technical knowledge … knowledge diffusion subsequently leading to declining business dynamism. Our findings indicate that only when knowledge … markups, falling labor share and productivity growth. Patents are an important obstacle to knowledge diffusion. We find an …
Persistent link: https://www.econbiz.de/10014383652
Access to useful knowledge is crucial for fostering modern economic growth. We show, for the first time, that knowledge … accumulated and stored in monasteries was useful for innovation. In 1866, anticlerical legislation in Italy led to the suppression … a significant increase in innovation. The effect is driven by the increase in the number of manuscripts in previously …
Persistent link: https://www.econbiz.de/10014502503
supports innovation activities, especially early in the life cycle of firms. …
Persistent link: https://www.econbiz.de/10013365124
We investigate the role of workers' and managerial experience as a determinant of firm innovation and productivity in a … innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type … of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …
Persistent link: https://www.econbiz.de/10003985881
A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...
Persistent link: https://www.econbiz.de/10003749485