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Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...
Persistent link: https://www.econbiz.de/10011404856
The Swedish economy has developed rapidly since the mid-1990s relative to most comparable countries, in particular relative to almost all other EU-15 countries. We investigate two policy areas that are believed to have been important for the strong economic development in Sweden during the last...
Persistent link: https://www.econbiz.de/10010335613
Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change (Princeton University Press, 2013). The book is … laudable for its emphasis on innovation, for its discussion of what constitutes a good life, and Phelps' realization that true … the lack of empirical indicators actually showing that the rate of innovation has dropped are significant weaknesses …
Persistent link: https://www.econbiz.de/10010335638
prerequisite for innovation and entrepreneurship. This is done by putting the spotlight on the role that formal and informal … institutions often act as impediments to entrepreneurship and innovation. We argue that a common yet underappreciated source of …
Persistent link: https://www.econbiz.de/10011917020
It is imperative that the economies of the European Union become more entrepreneurial to promote innovation and … to promote entrepreneurship, innovation and growth. …
Persistent link: https://www.econbiz.de/10011917026
function which, until recently, has been an underappreciated and poorly understood source of innovation and institutional …
Persistent link: https://www.econbiz.de/10011917029
Venture capital has become a dominant form of innovation finance, used by many high-tech startups. Europe lags the U …
Persistent link: https://www.econbiz.de/10011917044
-impact Schumpeterian entrepreneurship relative to the U.S. Once we account for Europe's strong performance in technological innovation, an …
Persistent link: https://www.econbiz.de/10011917046