Knowledge-based capital is a key factor for productivity growth. Over the past 15 years, it has been increasingly … regressions with firm-level survey data from the Mannheim Innovation Panel (MIP). All regressions show a positive and significant …

This paper deals with the slowdown of economic growth in Europe. For that purpose, we focus on factors that affect the … long-run growth path of different economies. Special emphasis is paid to institutional and structural factors that are … often assumed to affect aggregate growth: functioning of labor markets, availability of labor and capital, and the size of …

—together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue that … religion can enhance or impinge upon economic growth through all four elements because it shapes individual preferences …

account for most of patenting growth whereas overseas patentees have played a diminishing role. Third, patentees have greatly …

How does antitrust enforcement against patent-based monopolies affect innovation? I address this question by … ordered to license all its copier-technology patents in the US and abroad. I show that this promoted innovation by other firms … available for licensing. This positive effect is driven by increased innovation by Japanese competitors. They started developing …

Obtaining indicators on innovation activities of firms has been a challenge in economic research for a long time. The … throughputs in the innovation process. Output measurement of innovation has strongly been relying on survey data such as the … Community Innovation Survey (CIS), but suffers from several short-comings typical to sample surveys, including incomplete …

at the intensive margin, i.e. our results do not suggest that non-innovative companies are deterred from innovation …