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Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, … - Department of Economics, University of Pennsylvania - 2013

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …

Persistent link: https://www.econbiz.de/10010822929

Immigrant Entrepreneurship : New Estimates and a Research Agenda

Chodavadia, Saheel; Pekkala Kerr, Sari; Kerr, William R.; … - National Bureau of Economic Research - 2024

are immigrants. We utilize the Annual Business Survey to quantify the greater rates of patenting and innovation in … immigrant-founded firms. This higher propensity towards innovation is only partly explained by differences in education levels …

Persistent link: https://www.econbiz.de/10014544679

Breakthrough Inventions and Migrating Clusters of Innovation

Kerr, William R. - Harvard Business School, Harvard University - 2009

We investigate the speed at which clusters of invention for a technology migrate spatially following breakthrough inventions. We identify breakthrough inventions as the top one percent of US inventions for a technology during 1975-1984 in terms of subsequent citations. Patenting growth is...

Persistent link: https://www.econbiz.de/10005026825

Breakthrough Inventions and Migrating Clusters of Innovation

Kerr, William R. - National Bureau of Economic Research (NBER) - 2009

Persistent link: https://www.econbiz.de/10008614946

From Russia with Love: The Impact of Relocated Firms on Incumbent Survival

Falck, Oliver; Guenther, Christina; Heblich, Stephan; … - National Bureau of Economic Research (NBER) - 2010

We identify the impact of local firm concentration on incumbent performance with a quasi natural experiment. When Germany was divided after World War II, many firms in the machine tool industry fled the Soviet occupied zone to prevent expropriation. We show that the regional location decisions...

Persistent link: https://www.econbiz.de/10008628324

Immigrant Entrepreneurship

Pekkala, Sari; Kerr, William R. - 2016

We examine immigrant entrepreneurship and the survival and growth of immigrant-founded businesses over time relative to native-founded companies. Our work quantifies immigrant contributions to new firm creation in a wide variety of fields and using multiple definitions. While significant...

Persistent link: https://www.econbiz.de/10011584896

Global Talent Flows

Pekkala, Sari; Kerr, William R.; Özden, Caglar; … - 2016

The global distribution of talent is highly skewed and the resources available to countries to develop and utilize their best and brightest vary substantially. The migration of skilled workers across countries tilts the deck even further. Using newly available data, we first review the landscape...

Persistent link: https://www.econbiz.de/10011584902

High-Skilled Migration and Agglomeration

Pekkala, Sari; Kerr, William R.; Özden, Caglar; … - 2016

This paper reviews recent research regarding high-skilled migration. We adopt a data-driven perspective, bringing together and describing several ongoing research streams that range from the construction of global migration databases, to the legal codification of national policies regarding...

Persistent link: https://www.econbiz.de/10011584940

Labor regulations and European venture capital

Bozkaya, Ant; Kerr, William R. - 2013

European nations substitute between employment protection regulations and labor market expenditures (e.g., unemployment insurance benefits) for providing worker insurance. Employment regulations more directly tax firms making frequent labor adjustments than other labor market insurance...

Persistent link: https://www.econbiz.de/10012148201

Financing innovation

Kerr, William R.; Nanda, Ramana - 2015

We review the recent literature on the financing of innovation, inclusive of large companies and new startups. This … related to innovation. We highlight the new literature on learning and experimentation across multi-stage innovation projects … innovation and changing external conditions, especially reduced experimentation costs. …

Persistent link: https://www.econbiz.de/10012148267