Showing 1 - 10 of 1,214
Korean government has invested significant amount of resources through credit guarantee funds to promote SMEs survival …
Persistent link: https://www.econbiz.de/10010229522
Small and medium-sized enterprises (SMEs) play an important role in generating economic activity and employment in … developing and developed countries. However, partly due to remaining at-the-border trade costs, SMEs continue to be less … (TFIs) – and various measures of international engagement of SMEs. While there are differentiated impacts across firm size …
Persistent link: https://www.econbiz.de/10012110977
Building on a standard policy evaluation literature mainly aimed at estimating the additional effect of subsidies on either firms' innovative expenditures or innovative outputs only, this paper tries to move one step further, combining the two (input and output) dimensions of innovation into a...
Persistent link: https://www.econbiz.de/10009307328
Using a narrative identification of US tax changes over the post-WWII period, we show that corporate income tax cuts foster R&D spending and innovation, leading to a persistent increase in aggregate productivity and output. In contrast, changes in the average personal income tax rate have mostly...
Persistent link: https://www.econbiz.de/10014475415
The possible negative consequences of Artificial Intelligence (AI) have given rise to calls for public policy to ensure that it is safe, and to prevent improper use and misuse. Human-centered AI (HCAI) draws on ethical principles and puts forth actionable guidelines in this regard. So far...
Persistent link: https://www.econbiz.de/10012405740
When investing in research and development (R&D), institutions must decide whether to take a top-down approach - soliciting a particular technology - or a bottom-up approach in which innovators suggest ideas. This paper examines a reform to the U.S. Air Force Small Business Innovation Research...
Persistent link: https://www.econbiz.de/10012517156
of imperfections. Clear differences in behavior between firms that serve the foreign market either through exporting or … the labor supply side (workers' bargaining power). But exporting firms where search frictions are inducing wages to vary …
Persistent link: https://www.econbiz.de/10011776033
(and optimize their exporting) than their male peers. Although reduced access to finance seriously constrains the exports …
Persistent link: https://www.econbiz.de/10012296187
This paper studies the impact of U.S. immigration barriers on global knowledge production. We present four key findings. First, among Nobel Prize winners and Fields Medalists, migrants to the U.S. play a central role in the global knowledge network- representing 20-33% of the frontier knowledge...
Persistent link: https://www.econbiz.de/10012404675
Recent literature has raised the attention on the estimation of time-invariant variables both in a static and a dynmamic framework. In this context, Hausman-Taylor type estimators have been applied, relying crucially on the distinction between exogenous and endogenous variables (in terms of...
Persistent link: https://www.econbiz.de/10013449378