Theory suggests that new market entrants play a special role for the creation of new technological pathways required …

into entrepreneurship, we use changes in entry regulation into skilled trades. Estimation results are consistent with the …

Skilled labor is a key input to the innovation process. A shortage in supply of skilled labor may hence impede … innovation activities, resulting in lower productivity gains. While governments are concerned about these likely negative impacts …, there is only limited empirical evidence whether and to what extent labor shortage affects innovation activities. The paper …