Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...

Did breakthroughs in core processes during the Industrial Revolution tend to generate furtherinnovations in downstream technologies? Here a theoretical model examines the effect of apolitical shock on a non-innovating society in which there is high potential willingness tocooperate. The result...

Research and Development (R&D) and innovation are crucial features of the seed industry. To supportlarge R&D investments by the private sector, strong intellectual property rights, such as patents, arenecessary. The exclusivity granted by patents naturally creates market power positions and...

This paper examines international technology transfers using firm-level data across 43developing countries. Our findings show that exporting and importing activities are importantchannels for the transfer of technology...

Using a unique longitudinal representative survey of both manufacturing and nonmanufacturingbusinesses in the United States during the 1990’s, I examine the incidenceand intensity of organizational innovation and the factors associated with investments inorganizational innovation...

To facilitate the transformation of the German economy from the traditional manufacturing industries towards emerging new technologies, a new segment of the Frankfurt exchange was introduced in 1997 - Der Neue Markt. This study provides evidence that not only did many new firms obtain funding...

We show that if patent protection and trade secrecy generate asymmetricmarket structure, an innovator may prefer patent protection than trade secrecy even ifthe diffusion probability is higher under the former but it increases marketconcentration by preventing some imitators...