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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/10011718191
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Immigrant entrepreneurship
Pekkala Kerr, 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/10011565661
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Private versus social incentives for pharmaceutical innovation
González, Paula; Macho-Stadler, Inés; … - 2015
We provide a theoretical framework to contribute to the current debate regarding the tendency of pharmaceutical companies to direct their R&D toward marketing products that are "follow-on" drugs of already existing drugs, rather than toward the development of breakthrough drugs. We construct a...
Persistent link: https://www.econbiz.de/10011406575
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The emergence of the global fintech market : economic and technological determinants
Haddad, Christian; Hornuf, Lars - 2016 - This Version: August 25, 2016
lower the number of fintech startups in a country. Overall, the evidence suggests that fintech startup formation need not be …
Persistent link: https://www.econbiz.de/10011547910
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Credit supply shocks and firm dynamics : evidence from Brazil
Bazzi, Samuel; Muendler, Marc-Andreas; Oliveira, Raquel F. - 2023
We explore how financial constraints distort the entry decisions among otherwise productive entrepreneurs and limit growth of promising young firms. A model of liquidity-constrained entrepreneurs suggests that the easing of credit constraints can induce more entry of firms with greater long-run...
Persistent link: https://www.econbiz.de/10014391287
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Global talent flows
Pekkala Kerr, Sari; Kerr, William R.; Özden, Çağlar; … - 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/10011566486
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High-skilled migration and agglomeration
Pekkala Kerr, Sari; Kerr, William R.; Özden, Çağlar; … - 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/10011573233
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Smart products : liability, timing of market introduction, and investments in product safety
Dawid, Herbert; Mühlheußer, Gerd - 2019
This paper addresses the role of product liability for the emergence and development of smart products such as autonomous vehicles (AVs). We analyze how the liability regime affects innovative activities, as well as the timing of market introduction and market penetration of such smart products....
Persistent link: https://www.econbiz.de/10012024639
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Union bargaining power and product innovation : relevance of the preference function
Basak, Debasmita; Hoefele, Andreas; Mukherjee, Arijit - 2014
We show the effects of the bargaining power of labour unions on product innovation under decentralised and centralised … union bargaining power increases innovation if bargaining is decentralised, the market expansion effect is weak and the cost … of innovation is moderate but low. Otherwise, a higher union bargaining power reduces innovation. Hence, whether a higher …
Persistent link: https://www.econbiz.de/10010413720
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Race meets bargaining in product development
Karagözoğlu, Emin; Keskin, Kerim; Sağlam, Hüseyin … - 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/10012165947