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Artificial Intelligence (AI) is often regarded as the next general-purpose technology with a rapid, penetrating, and far-reaching use over a broad number of industrial sectors. A main feature of new general-purpose technology is to enable new ways of production that may increase productivity. So...
Persistent link: https://www.econbiz.de/10012876074
Artificial Intelligence (AI) represents a set of techniques that enable new ways of innovation and allows firms to offer new features of products and services, to improve production, marketing and administration processes, and to introduce new business models. This paper analyses the extent to...
Persistent link: https://www.econbiz.de/10012502953
with respect to the ability of their employees when training is certified by credible external institutions. We apply an … institutions at that the end of apprenticeship training can be signalled to outside employers. Apprenticeship graduates however … cannot signal their work-related ability - measured by a small voluntary bonus paid by the training employer - to the outside …
Persistent link: https://www.econbiz.de/10011314565
life-long-learning strategies. In this paper our aim is to explain to what extent the variation in training investments is … determinants of training. Rather than analyzing single determinants or groups of variables, we decompose the variation into a … show that both firm-, job- and worker-level heterogeneity explains training participation and that firm heterogeneity is …
Persistent link: https://www.econbiz.de/10012014568
This paper analyses the effect of the economic crisis in 2008 and 2009 on individual training activities of different … on individual training history (WeLL-ADIAB). The so-called Great Recession can be seen as an exogenous, unexpected, and … crisis on the training participation and the number of training measures. We find a direct negative effect of the crisis on …
Persistent link: https://www.econbiz.de/10011902073
This paper analyses the effect of training participation on employees' retention in the training company. It for the …, visibility, and credibility of training. Based on an extensive German linked-employer-employee data set with detailed information … on training history (WeLL-ADIAB), we show that training increases employees' retention. We compare the probability to …
Persistent link: https://www.econbiz.de/10011427791
Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form corporate ventures. Based on a sample of corporate and independent ventures in German manufacturing, we show that corporate ventures are more innovative than the control group, i.e. the...
Persistent link: https://www.econbiz.de/10010302257
One way through which knowledge and technology transfer can take place is through the foundation of new firms by former employees of incumbent private firms. In this paper, we examine whether knowledge transferred from the incumbent causally affect employment growth and postentry innovation...
Persistent link: https://www.econbiz.de/10010327222
Classical patent literature assumes that patents grant well-defined legal rights to exclude others from practicing an invention. In this scenario, start-up companies benefit from the exclusive right to commercialize patent-protected inventions and the certification effect of patents which...
Persistent link: https://www.econbiz.de/10010327224
Research suggests that public subsidies for newly founded firms have a positive effect on follow-on financing, in particular, Venture Capital (VC). This study differentiates between Government VC, Independent VC, Corporate VC, and Business Angels and shows that public subsidies are not relevant...
Persistent link: https://www.econbiz.de/10012389775