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that these two types of externalities co-exist, but differ in their spatial distribution and attenuation within cities …-city industry cluster in a diversified, large city appears to let firms enjoy the benefits of local industry-specific externalities …
Persistent link: https://www.econbiz.de/10011657494
We assess the empirical literature on the determinants of spatial variations in new-firm formation rates by undertaking a systematic empirical analysis of the relative roles of different demand- and supply-side factors. Using instrumental variables to address endogeneity, we find that local...
Persistent link: https://www.econbiz.de/10012021959
detached residential buildings in Sweden to simulate a variety of revenue sharing schemes applied to every present and planned …
Persistent link: https://www.econbiz.de/10014290675
commercialization of inventions. If the patent holder commercializes his invention, he has stronger incentives to retain the patent. The …, I take into account defensive patent strategies (e.g. deterring competitors from utilizing the patent) and pointedly ask … if there are any third factors (quality of the patent) that affect the commercialization and renewal decisions. Using a …
Persistent link: https://www.econbiz.de/10008936227
likelihood of patent renewal. Since the owners know more about the patents than potential external financiers, there is a problem … of asymmetric information. To overcome this, Sweden has for a long time relied on government support rather than private …
Persistent link: https://www.econbiz.de/10003736710
Persistent link: https://www.econbiz.de/10003298438
When and how do entrepreneurs sell their inventions? To address this issue, we develop an endogenous entry-sale asymmetric information oligopoly model. We show that lowquality inventions are sold directly or used for own entry. Inventors who sell post-entry use entry to credibly reveal...
Persistent link: https://www.econbiz.de/10011742388
For about seventy years, the Canadian Wheat Board (CWB) was one of the world's largest export "single desk" state traders in agriculture, until it was deregulated in 2012 and stripped of its marketing powers. One of the main crops controlled by the CWB was barley. We estimate the impact of the...
Persistent link: https://www.econbiz.de/10011742380
Using longitudinal Swedish data, we document robust evidence of highly local spillovers between individuals in similar occupations. The results are consistent with the existence of knowledge spillovers between workers performing similar work tasks in the same city-district. We further...
Persistent link: https://www.econbiz.de/10012267998
We develop a model in which ethnic minorities can either assimilate to the majority's norm or reject it by trading off higher productivity and wages with a greater social distance to their culture of origin. We show that "oppositional" ethnic minorities reside in more segregated areas, have...
Persistent link: https://www.econbiz.de/10012133037