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This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU member states from 1998 to 2007. We find that (a) the...
Persistent link: https://www.econbiz.de/10010374120
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
, particularly of university scientists, is positively related to innovation; (vi) there are many university spin-offs but these are …
Persistent link: https://www.econbiz.de/10011772302
Persistent link: https://www.econbiz.de/10001784254
Pressure on public finances has increased scrutiny of public support for innovation. We examine two particular issues … innovation policy should focus on direct spending on research councils. -- Intangible assets ; productivity ; R&D ; spillovers …
Persistent link: https://www.econbiz.de/10003940536
We analyze the effects of a large place-based policy, subsidizing up to 50% of investment costs of manufacturing firms in East Germany after reunification. We show that a 1-percentage-point decrease in the subsidy rate leads to a 1% decrease in manufacturing employment. We document important...
Persistent link: https://www.econbiz.de/10012518065
A fast-growing literature shows that digital technologies are displacing labor from routine tasks, raising concerns that labor is racing against the machine. We develop a task-based framework to estimate the aggregate labor demand and employment effects of routine-replacing technological change...
Persistent link: https://www.econbiz.de/10011959965
Can the existence of positive productivity spillovers between co-workers be explained by the presence of complementarities in a firm's production function? A simple model demonstrates that this is possible when workers perform their tasks sequentially and part of individuals' pay is determined...
Persistent link: https://www.econbiz.de/10011996292
Current literature on the impact assessment of government innovation subsidies is mainly empirical driven and lacks an … improve the effectiveness of government support for innovation. …
Persistent link: https://www.econbiz.de/10013455877
-productivity firms in Switzerland. Innovation support sustains firms' R&D activities in both countries. Our structural growth model … identifies the impact of innovation, imitation and R&D costs on firms' R&D decisions. R&D costs gained importance in Switzerland … prioritize enhancing innovation and imitation success over cost reduction to boost productivity growth. …
Persistent link: https://www.econbiz.de/10014535654