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In this paper we explore the impact of place-based innovation policy in Europe. We focus on the effects of Smart Specialisation strategies on the labour productivity of regional economies. We design an analytical framework that takes into account the entrepreneurial discovery process through...
Persistent link: https://www.econbiz.de/10014433848
Many previous studies have shown that the localisation of firms can be an important factor in attracting new foreign direct investment into a host country. What has been missing in this literature thus far, however, is an investigation into the reasons why industry clusters attract firms. We...
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The correlation across US states in house price growth increased steadily between 1976 and 2000. This paper shows that the contemporaneous geographic integration of the US banking market, via the emergence of large banks, was a primary driver of this phenomenon. To this end, we first...
Persistent link: https://www.econbiz.de/10011978173
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Disputes over whether the Scientific Revolution contributed to the Industrial Revolution begin with the common assumption that natural philosophers and artisans formed radically distinct groups. In reality, these groups merged together through a diverse group of applied mathematics teachers,...
Persistent link: https://www.econbiz.de/10012231405
firms to hire scientists who have an intrinsic motivation to pursue academic research and allow them to do so while they … scientists from remaining in academia, is sufficiently low. Allowing scientists to pursue an academic agenda facilitates … participation. When scientists are privately informed about their "taste for science", the contract requires that the more …
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