, internal firm organization, performance and innovation, which is representative of the entire Canadian economy. Our empirical … particularly striking for innovation, as firms with some priority in business strategies are significantly more likely to innovate …

During the Industrial Revolution technological progress and innovation became the main drivers of economic growth. But …

We examine whether startups attract employees with different pecuniary and non-pecuniary motives than small or large … across firm types. Using data on over 10,000 U.S. R&D employees, we find that startup employees place lower importance on job … security and salary but greater importance on independence and responsibility. Startup employees have higher patent output than …

Innovation in the U.S. economy is about employing and rewarding highly talented workers to produce new products. Using … innovation, or high variance payoffs, are more likely to attract and pay for star workers. Thus, firms in high variance product … markets pay more up-front--in starting salaries--to attract and motivate star employees, because if these star workers produce …

We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …

to benefit innovation more than extrinsic motives such as pay …