Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar …

Skilled labor is a key input to the innovation process. A shortage in supply of skilled labor may hence impede … innovation activities, resulting in lower productivity gains. While governments are concerned about these likely negative impacts …, there is only limited empirical evidence whether and to what extent labor shortage affects innovation activities. The paper …

innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …

of low-carbon energy innovation. These include both improvements in physical capital, such as smart grids to aid … document recent trends in energy innovation and discuss the lessons learnt for policy. We then discuss the potential role for … complementary innovation in both physical capital--using smart grids as an example of how policy can help--and human capital, where …

of inventors applying for the first patent after completing education or being in the highest quartile of citations …

This paper examines how foreign-owned and domestically owned firms transform innovation into employment growth. The … innovation are larger for foreign-owned firms. Together with employment-stimulating effects stemming from existing products, they …, reveals important differences between the two groups: Due to general productivity increases and process innovation, foreign …