Showing 1 - 10 of 48
detailed analysis of firm behaviour. In this paper, estimates of the impact and the determinants of innovation behaviour are …
Persistent link: https://www.econbiz.de/10008596441
If considered within the context of an overlapping-generations framework, pay-as-you-go pension systems turn out to be funded by the human capital embodied in subsequent generations. The failure to actually model public old-age security on this idea may, to a large degree, explain the current...
Persistent link: https://www.econbiz.de/10008596509
Because of the current financial crisis and the crisis of the German welfare state, the population development has become a topic of public discussion in Germany. The aging and decline of the population which is on the horizon of most of the highly-developed countries brings up fears of a...
Persistent link: https://www.econbiz.de/10008596525
We develop an agent-based macroeconomic model featuring a distinct geographical dimension and heterogeneous workers with respect to skill types. The model, which will become part of a larger simulation platform for European policymaking (EURACE), allows us to conduct exante evaluations of a wide...
Persistent link: https://www.econbiz.de/10008596445
The paper shows that the assessment of the speed of productivity growth crucially depends on how one chooses to measure value added. According to a widely held view, the growth rate of labour productivity has increased significantly in the U.S. since the mid-90s. The U.S. is perceived to...
Persistent link: https://www.econbiz.de/10005837627
The paper demonstrates the compatibility between competition as a rivalry among firms and increasing returns resulting from innovative choice. The analysis offers the prospect of a general theory of economic evolution. It is carried out by means of a model, which makes it possible to exhibit the...
Persistent link: https://www.econbiz.de/10010907917
The aim of this contribution is to proceed to an in-depth exploration of the micro-context of the origin of routines and of their intimate link with organizational creativity. Our view is that organizational creativity orchestrates continuous interactions between different types of routines,...
Persistent link: https://www.econbiz.de/10010907939
In this article it is analysed which factors determine the medical and technological advances in the field of pharmaceuticals, medical products and medical procedures. We do not have a general theory on the determinants of technological advances. That’s why all arguments, which are in...
Persistent link: https://www.econbiz.de/10008596543
The paper discusses the link between financing R&D and tangible investment, firm size, and corporate governance. Mechanisms of corporate governance, such as the presence of large shareholders or stakeholders, may reduce agency and specificity problems and improve access to external finance. High...
Persistent link: https://www.econbiz.de/10008633363
Innovation Panel" of the Center for European Economic Research from the years 1995 and 1996. We use only small and medium sized …his paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity … impact on capital investment. Research and development, capital investment, limited liability, Tobit regression. …
Persistent link: https://www.econbiz.de/10008633391