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the U.S. Air Force Small Business Innovation Research (SBIR) program that transitioned from "Conventional topics," which … innovation even in less specific Conventional topics. The results suggest that government (and perhaps private sector) innovation …
Persistent link: https://www.econbiz.de/10012517156
Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …
Persistent link: https://www.econbiz.de/10012431121
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011401020
Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less-developed countries does not necessarily induce a substantial increase in the wage differential and trade volumes. Building on step-by-step innovations as introduced by Aghion...
Persistent link: https://www.econbiz.de/10011406885
. Previous studies have illustrated its high effectiveness to help participants escaping unemployment and improving their labor … start-ups out of unemployment with regular business founders, with respect to not only personal characteristics but also … survival, but lag behind regular business founders in terms of income, business growth and innovation. Moreover, we show that …
Persistent link: https://www.econbiz.de/10010473187
survival rates and little contribution to job creation, economic growth, and innovation. In this paper, we use a rich data set … who started from non-unemployment and did not receive the subsidy. The data allows us to analyze their business … and job creation, but especially also in innovation activities. The gaps in these business outcomes are relatively …
Persistent link: https://www.econbiz.de/10012126136
This paper deals with the complex relationship between innovation and the labor market, analyzing the impact of new …
Persistent link: https://www.econbiz.de/10014286647
Social norms are usually neglected in economics, because they are to a large extent enforced through non-market interactions and difficult to isolate empirically. In this paper, we offer a direct measure of the social norm to work and we show that this norm has important economic effects. The...
Persistent link: https://www.econbiz.de/10011401423
We take advantage of a natural experiment in the minimum wage setting in Russia to study the employment consequences of large hikes in the minimum wage. In September 2007, the Russian government raised the federal minimum wage from 1,100 to 2,300 Rubles and simultaneously gave the regions the...
Persistent link: https://www.econbiz.de/10011427802
Despite the high growth of the Peruvian economy during the last decade, college graduates are facing increasing difficulties to find occupations that match their higher educational background, skills and educational investments. This scenario is embodied in the "professional underemployment"...
Persistent link: https://www.econbiz.de/10011427813