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the U.S. Air Force Small Business Innovation Research (SBIR) program that transitioned from "Conventional topics," which …When investing in research and development (R&D), institutions must decide whether to take a top-down approach … 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
different components of the labour force on innovation at the sectoral level between 1994 and 2005. The authors focus, in … determinants of innovation, such as R&D investments, stock of patents and openness to trade. To address possible endogeneity of … accordingly. Our results show that highly-educated migrants have a positive effect on innovation even if the effect is smaller …
Persistent link: https://www.econbiz.de/10010528595
that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …
Persistent link: https://www.econbiz.de/10010230889
This paper examines how productivity effects of human capital and innovation vary at different points of the …-technology manufacturing, average innovation performance is higher in all industries in Germany and the innovation performance distributions … investing in product innovation in the majority of industries. Frontier firms enjoy the highest returns to product innovation …
Persistent link: https://www.econbiz.de/10009786464
native and foreign STEM graduates have statistically significant and economically large effects on innovation. Together these … results suggest that policies that increase the stocks of both foreign and native STEM graduates increase innovation and …
Persistent link: https://www.econbiz.de/10010418916
We present a novel theory that immigrants facilitate innovation and entrepreneurship by being willing and able to … observationally equivalent natives. Areas with large numbers of immigrants may therefore lead to more entrepreneurship and innovation …
Persistent link: https://www.econbiz.de/10012486484
We model investment in entrepreneurial human capital (EHC) - the representative enterprise's share of production capacity allocated to investment in innovative industrial and commercial knowledge - as a distinct channel through which firm-specific human capital drives endogenous growth. Our...
Persistent link: https://www.econbiz.de/10011734505
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
The objective of this paper is to analyse the role of migrants in innovation in Europe. We use Total Factor … Productivity as a measure of innovation and focus on the three largest European countries - France, Germany and the United Kingdom … - in the years 1994-2007. Unlike previous research, which mainly employs a regional approach, we analyse the link between …
Persistent link: https://www.econbiz.de/10011348305