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Private Equity and the Innovation Strategies of Entrepreneurial Firms : Empirical Evidence from the Small Business Innovation Research Program
Link, Albert - 2014
There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …
Persistent link: https://www.econbiz.de/10013065646
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The Reorganization of Inventive Activity in the United States During the Early Twentieth Century
Lamoreaux, Naomi R. - 2014
The standard view of U.S. technological history is that the locus of invention shifted during the early twentieth century to large firms whose in-house research laboratories were superior sites for advancing the complex technologies of the second industrial revolution. In recent years this view...
Persistent link: https://www.econbiz.de/10013070644
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Innovation and Productivity in Smes : Empirical Evidence for Italy
Hall, Bronwyn H. - 2010
Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not …, especially process innovation. Among SMEs, larger and older firms seem to be less productive … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation …
Persistent link: https://www.econbiz.de/10012758059
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The Importance (or Not) of Patents to UK Firms
Hall, Bronwyn H. - 2015
a number of explanations for these findings: most firms are SMEs, many innovations are new to the firm, but not to the … innovative performance measured as turnover due to innovation, but not between patenting and subsequent employment growth. The …
Persistent link: https://www.econbiz.de/10013035536
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Corruption in Developing Countries
Olken, Benjamin A. - 2011
Recent years have seen a remarkable expansion in economists' ability to measure corruption. This, in turn, has led to a new generation of well-identified, microeconomic studies. We review the evidence on corruption in developing countries in light of these recent advances, focusing on three...
Persistent link: https://www.econbiz.de/10013120310
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The Impact of Chicago's Small High School Initiative
Barrow, Lisa - 2013
This project examines the effects of the introduction of new small high schools on student performance in the Chicago Public School (CPS) district. Specifically, we investigate whether students attending small high schools have better graduation/enrollment rates and achievement than similar...
Persistent link: https://www.econbiz.de/10013085125
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Firm Size Distortions and the Productivity Distribution : Evidence from France
Garicano, Luis - 2014
We show how size-contingent laws can be used to identify the equilibrium and welfare effects of labor regulation. Our framework incorporates such regulations into the Lucas (1978) model and applies this to France where many labor laws start to bind on firms with exactly 50 or more employees....
Persistent link: https://www.econbiz.de/10013064453
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The Demand for, and Consequences of, Formalization Among Informal Firms in Sri Lanka
de Mel, Suresh - 2014
We conduct a field experiment in Sri Lanka providing informal firms incentives to formalize. Information about the registration process and reimbursement of direct costs has no effect. Payments equivalent to one-half to one month (alternatively, 2 months) of the median firm's profits leads to...
Persistent link: https://www.econbiz.de/10013066187
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What Do Small Businesses Do?
Hurst, Erik - 2014
In this paper, we show that most small business owners are very different from the entrepreneurs that economic models and policy makers often have in mind. Using new data that samples early stage entrepreneurs just prior to business start up, we show that few small businesses intend to bring a...
Persistent link: https://www.econbiz.de/10013068044
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Who Creates Jobs? Small vs. Large vs. Young
Haltiwanger, John - 2014
The view that small businesses create the most jobs remains appealing to policymakers and small business advocates. Using data from the Census Bureau Business Dynamics Statistics and Longitudinal Business Database, we explore the many issues at the core of this ongoing debate. We find that the...
Persistent link: https://www.econbiz.de/10013069389