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Mind the knowledge gap! : the origins of declining business dynamism in a macro agent-based model
Delli Gatti, Domenico; Terranova, Roberta; Turco, Enrico - 2023
In this paper we replicate most of the stylized facts characterizing the decline in business dynamism in the USA highlighted by Akcigit and Ates (2021) and provide an explanation of their emergence by means of a macroeconomic agent-based model populated by two types of firms: innovators who...
Persistent link: https://www.econbiz.de/10014383652
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Dynamic mergers effects on R&D investments and drug development across research phases in the pharmaceutical industry
Siebert, Ralph; Tian, Zhili - 2020
Pharmaceutical firms spend increasing amounts in mergers and acquisitions (M&As), which raises the question of whether sufficient investment is left after mergers to further develop firms' internal drug development capability. We evaluate the effects of M&As on firms' post-merger R&D...
Persistent link: https://www.econbiz.de/10012219372
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Measuring the spillovers of venture capital
Schnitzer, Monika; Watzinger, Martin - 2017
We provide the first measurement of knowledge spillovers from venture capital-financed companies onto the patenting activities of other companies. On average, these spillovers are nine times larger than those generated by the R&D investment of established companies. Spillover effects are larger...
Persistent link: https://www.econbiz.de/10011718181
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Key success drivers in public research grants : funding the seeds of radical innovation in academia?
Banal-Estañol, Albert; Macho-Stadler, Inés; … - 2016
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
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Team production, gender diversity, and male courtship behavior
Siemens, Ferdinand von - 2015
This theoretical paper explores the impact of gender diversity on team production. The key assumption is that men … expected team production if (i) men and women have similar expected ability, and (ii) monetary incentives to exert effort are … behavior of male team members, gender diversity has the biggest effects in young teams, and monetary incentives crowd-out the …
Persistent link: https://www.econbiz.de/10010496055
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Do multinationals transplant their business model?
Marin, Dalia; Rousová, Linda; Verdier, Thierry - 2019
What determines whether or not multinational firms transplant the mode of organisation to other countries? We embed the theory of knowledge hierarchies in an industry equilibrium model of monopolistic competition to examine how the economic environment may affect the decision of multinational...
Persistent link: https://www.econbiz.de/10012119950
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Technology transfer and early industrial development : evidence from the Sino-Soviet Alliance
Giorcelli, Michela; Li, Bo - 2022
This paper studies the causal effect of technology and knowledge transfers on early industrial development. Between 1950 and 1957, the Soviet Union supported the "156 Projects" in China for building technologically advanced industrial facilities. We exploit idiosyncratic delays in project...
Persistent link: https://www.econbiz.de/10012806673
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ICT, collaboration, and science-based innovation : evidence from BITNET
Wernsdorf, Kathrin; Nagler, Markus; Watzinger, Martin - 2020
Does access to information and communication technologies (ICT) increase innovation? We examine this question by …
Persistent link: https://www.econbiz.de/10012304309
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Productivity spillovers among knowledge workers in agglomerations : evidence from GitHub
El-Komboz, Lena Abou; Fackler, Thomas; Goldbeck, Moritz - 2024
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 agglomeration. To overcome existing measurement challenges, we...
Persistent link: https://www.econbiz.de/10015048324
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Dynamic models of R&D, innovation and productivity : panel data evidence for Dutch and French manufacturing
Raymond, Wladimir; Mairesse, Jacques; Mohnen, Pierre A.; … - 2013
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …
Persistent link: https://www.econbiz.de/10009764446