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Does Ignorance of Economic Returns and Costs Explain the Educational Aspiration Gap? Evidence From Representative Survey Experiments

Lergetporer, Philipp; Werner, Katharina; Woessmann, Ludger - 2018

The gap in university enrollment by parental education is large and persistent in many countries. In our representative survey, 74 percent of German university graduates, but only 36 percent of those without a university degree favor a university education for their children. The latter are more...

Persistent link: https://www.econbiz.de/10011932956

Educational Inequality and Public Policy Preferences: Evidence From Representative Survey Experiments

Lergetporer, Philipp; Werner, Katharina; Woessmann, Ludger - 2018

To study how information about educational inequality affects public concerns and policy preferences, we devise survey experiments in representative samples of the German population. Providing information about the extent of educational inequality strongly increases concerns about educational...

Persistent link: https://www.econbiz.de/10011932975

Insurance, redistribution, and the inequality of lifetime income

Haan, Peter; Kemptner, Daniel; Prowse, Victoria - 2019

Individuals vary considerably in how much they earn during their lifetimes. We study how the tax-and-transfer system o sets inequalities in lifetime earnings, which would otherwise translate into differences in living standards. Based on a life-cycle model, we find that redistribution by taxes...

Persistent link: https://www.econbiz.de/10012141894

Startup innovation during the past economic crisis

Abou Lebdi, Nabil; Hussinger, Katrin - 2016

Persistent link: https://www.econbiz.de/10011853120

The Capital Gains Tax: A Curse but Also a Blessing for Venture Capital Investment

Bock, Carolin; Watzinger, Martin - 2017

Our study analyzes the effect of the capital gains tax on the individual investment decisions of venture capitalists. By doing so, we are able to study the decisions for a sample of 76,852 funding rounds in 32 countries from 2000 to 2012. Our results support the predictions of the theoretical...

Persistent link: https://www.econbiz.de/10011932895

Public innovation in Brazil: An overview of its types,results and drivers

Cavalcante, Pedro; Camões, Marizaura - 2017

lack of evidence-based knowledge regarding different dimensions of innovation prevails. One important dimension that must … transactional costs. In that sense, many have argued that innovation can contribute to improve the public service quality and … consensus about the increase of management innovation practices over the last two decades. However, as in other countries, the …

Persistent link: https://www.econbiz.de/10012234234

Entry and Innovation in Vertically Differentiated Markets

Bergemann, Dirk; Valimaki, Juuso - 1999

with a currently inferior product opts for a large but risky innovation, whereas a currently superior product chooses a … smaller but certain innovation. …

Persistent link: https://www.econbiz.de/10012236072

Does Licensing Resolve Hold Up in the Patent Thicket?

Siebert, Ralph; von Graevenitz, Georg - 2008

In a patent thicket licensing provides a mechanism to either avoid or resolve hold up. We study the choice between ex ante licensing to avoid hold up and ex post licensing to resolve it. Firms’ choice of licensing contract is studied in the context of a patent portfolio race. We show that high...

Persistent link: https://www.econbiz.de/10010427751

To Be Financed or Not … - The Role of Patents for Venture Capital Financing

Haeussler, Carolin; Harhoff, Dietmar; Müller, Elisabeth - 2009

This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncer-tainty and therefore rely on patents as signals when trying to assess the prospects of...

Persistent link: https://www.econbiz.de/10010427765

What Inspires Leisure Time Invention?

Davis, Lee N.; Davis, Jerome; Hoisl, Karin - 2009

. Results suggest that the incidence of leisure time invention is positively related to exposure to a variety of knowledge …

Persistent link: https://www.econbiz.de/10010427769