This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering … is the labour-friendly nature of innovation, which we measure in terms of forward-citation weighted patents. However …, this positive impact of innovation is statistically significant only for firms in the high-tech manufacturing sectors …

); innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are …

impurity is very low as long as one party's investment is more important than the other party's. If the parties' investments …

increasing team size that we call the "racing against time" hypothesis: With innovation races more competitive globally, R … more R&D personnel. We test this hypothesis against a natural experiment that took place in 1995 when the U.S. patent law …

logarithmic over consumption. Human capital investment is risky due to idiosyncratic shocks that follow a Markov process with … human capital investment in the market economy …

structure of endogenous growth models with horizontal as well as vertical innovation and emphasizing important implications for …

capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income … both trade and foreign direct investment and thereby get a better understanding of complex international investment, trade … and FDI dynamics – including with respect to the envisaged Transatlantic Trade and Investment Partnership …