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greater survival is achieved when startups engage successfully in both product innovation and process innovation, with a key … that the creation and survival of innovative start-ups should become one qualifying point of the economic policy agenda. … startups survive longer than their non-innovative counterparts. In this framework, our own empirical analysis shows that …
Persistent link: https://www.econbiz.de/10011479251
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/10010330094
Technological innovation has historically contributed to inclusive economic growth in Germany. In more recent decades …, however, this contribution has weakened due to the declining impact of technological innovation on labor productivity growth … technological innovation to raise labor productivity. This paper identifies three reasons why technological innovation has become …
Persistent link: https://www.econbiz.de/10011816466
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/10012498055
entrepreneurial development. In our analysis, we examine a broad range of business outcomes including survival and income, as well as … job creation, expansion and innovation activities for up to 40 months after business formation. Using self … a unique dataset of German start-ups from unemployment and non-unemployment – that the later business performance is …
Persistent link: https://www.econbiz.de/10014296537
business outcomes up to 19 months after business creation. Outcomes include start-up survival and entrepreneurial income, as … well as growthoriented outcomes such as job creation and innovation. We find statistically significant and economically … important positive effects of high scores of self-efficacy on start-up survival and entrepreneurial income, which become even …
Persistent link: https://www.econbiz.de/10014296592
predictor of creative achievement. It plays a significant role in the business organization's innovation process and the … hypothesize that divergent thinking has a lasting effect on post-launch entrepreneurial outcomes related to innovation and growth … founders, which we observe up until 40 months after start-up. We find strong relative effects for innovation and growth …
Persistent link: https://www.econbiz.de/10014377346
innovation on firm survival and firm productivity, which constitute the two main channels through which innovation drives growth … perspectives that inform the empirical models allow for heterogeneity in the effects of R&D/innovation on firm survival and …-linearity and volatility in the gains from R&D/innovation, particularly in terms of its effects on firm survival and productivity …
Persistent link: https://www.econbiz.de/10012322453
This paper introduces a new concept in addition to the traditional measures of stocks of capital, labor, human capital and knowledge, to understand the Solow Residual: National Entrepreneurial Ecosystem (NEE). The NEE construct is based on a methodology that combines institutions and human...
Persistent link: https://www.econbiz.de/10011094078
The global distribution of talent is highly skewed and the resources available to countries to develop and utilize their best and brightest vary substantially. The migration of skilled workers across countries tilts the deck even further. Using newly available data, we first review the landscape...
Persistent link: https://www.econbiz.de/10011584643