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unclear, however, if the employment opportunities of the majority of the labour force in Germany-employees with a degree from … the dual apprenticeship system-increase or not. In addition, estimation and data problems are addressed in a topical and … rich data set. The paper shows that innovation expenditures and investments in information and communication technologies …
Persistent link: https://www.econbiz.de/10011445926
(PPCC) as a radical innovation and supercritical coal-fired power plants as an incremental innovation are compared. An ex … sector of large-scale power plants is that an innovation is more likely to succeed the more it follows established …
Persistent link: https://www.econbiz.de/10003835112
While most economists believe that public scientific research fuels industry innovation and economic growth, systematic … size as a significant driver of drug innovation in the pharmaceutical industry, but they did not find any evidence … supporting science-driven innovation from publicly funded research. This paper uses new data on biomedical research investments …
Persistent link: https://www.econbiz.de/10009374417
employment for different types of labour in manufacturing. The empirical model allows for endogeneity of the firm's innovation … market products is more important than any other measure of product innovation in determining the expected employment …
Persistent link: https://www.econbiz.de/10011443464
dynamics. We investigate this reallocation in terms of employment gains and losses from innovation. New employment created by … product innovation may be offset by employment losses in related products, known as 'cannibalisation' or 'business stealing …' effects in the literature, by employment losses from process and organisational innovation and by general productivity …
Persistent link: https://www.econbiz.de/10011563084
Non-technological innovation is an important element of firms' innovation activities that both supplement and … complement technological innovation, i.e. the introduction of new products and new processes. We analyse the spread of … nontechnological innovation in firms, their relation to technological innovation, and their effects to firm performance and success …
Persistent link: https://www.econbiz.de/10003528845
Persistent link: https://www.econbiz.de/10002240682
In this paper we analyze the conditions under which firms decide to offshore innovation. We consider the role of … technological change. Using unique data from the German Innovation Survey we find that while high speed of technological change … tends to drive innovation offshoring, high uncertainty about future technology developments results in more innovation …
Persistent link: https://www.econbiz.de/10011487737
between technically trained founders and employees who have business skills. This suggests that the innovation potential of …
Persistent link: https://www.econbiz.de/10011558130
This paper examines return predictability when the investor is uncertain about the right state variables. A novel feature of the model averaging approach used in this paper is to account for finite-sample bias of the coefficients in the predictive regressions. Drawing on an extensive...
Persistent link: https://www.econbiz.de/10003728591