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), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge … productivity - hold for knowledge intensive services. Combining the models of Crepon et al. (1998) and of Ackerberg et al. (2015 … intensive services benefit from innovation activities in the sense that these activities causally increase their labor …
Persistent link: https://www.econbiz.de/10011958696
We analyze the link between R&D, innovation, and productivity in MSMEs with a special focus on micro firms with fewer … their labor productivity. Overall, the link between R&D, innovation, and productivity in micro firms does not largely differ …, R&D intensity is larger the smaller firms are. For all MSMEs, the predicted R&D intensity is positively correlated with …
Persistent link: https://www.econbiz.de/10011452418
This paper explores the employment impact of innovation activity, taking into account both R&D expenditures and …-2010. The main outcome from the proposed fixed effect estimations is a labor-friendly nature of total innovation expenditures … ETC is included as a proxy for innovation activities. Moreover, the positive employment impacts of innovation activities …
Persistent link: https://www.econbiz.de/10011580909
Innovation is key to technology adoption and creation, and to explaining the vast differences in productivity across … and within countries. Despite the central role of the entrepreneur in the innovation process, data limitations have … restricted standard analysis of the determinants of innovation to consideration of the role of firm characteristics. We develop a …
Persistent link: https://www.econbiz.de/10003801015
Since Chinese government initiated economic reform in the late 1970s, entrepreneurship and private sectors have emerged … gradually and played an increasingly important role in promoting economic growth. However, entrepreneurship is distributed … of entrepreneurship for both manufacturing and services. For both sectors, entrepreneurship (measured by new private …
Persistent link: https://www.econbiz.de/10011737507
innovation on firm survival and firm productivity, which constitute the two main channels through which innovation drives growth …-linearity and volatility in the gains from R&D/innovation, particularly in terms of its effects on firm survival and productivity … perspectives that inform the empirical models allow for heterogeneity in the effects of R&D/innovation on firm survival and …
Persistent link: https://www.econbiz.de/10012286283
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
investment in knowledge, and its productivity, looking at sectoral peculiarities which may emerge; to this end, we use a large … positive impact on a firm's productivity, with an overall elasticity of about 0.10; this general result is largely consistent … ahead in terms of the impact on productivity of their R&D investments; moreover, a shift in favour of the service sectors …
Persistent link: https://www.econbiz.de/10009422268
prioritize enhancing innovation and imitation success over cost reduction to boost productivity growth. … examines reasons for this divergence and its impact on productivity growth. Our micro-data reveal R&D concentration among high-productivity … firms in Switzerland. Innovation support sustains firms' R&D activities in both countries. Our structural growth model …
Persistent link: https://www.econbiz.de/10014535654
In this paper, we describe the historical co-evolution of innovation and economic growth in Germany since 1871. The … country's rise as an industrial power in the late 19th century, through its innovation and entrepreneurial performance, is … nevertheless a period during which innovation went into relative decline. We document this decline and offer four broad …
Persistent link: https://www.econbiz.de/10012440279