Compulsory licensing allows firms in developing countries to produce foreign-owned inventions withoutthe consent of foreign patent owners. This paper uses an exogenous event of compulsory licensingafter World War I under the Trading with the Enemy Act to examine the long run effects of...

[...]This paper analyzes the current state of the educationsystem in the United States. In the course of the paper, Iwill try to point out where controversy exists, particularlyin academic discussions.[...]

New data on individual worker’s outputs show that New England ring spinners exhibited substantial on the job learning c. 1905. Despite this, variable capital-labour ratios meant high labour turnover reduced aggregate labour productivity only fractionally. The combination of variable...

The period of 1840 (when the Opium War broken out) till now is commonly regarded as China’s modern era, ‘modern’ in terms of China’s departure from its original growth and developmental path. In this context, the term modern has been intimately associated with something alien to the...

The paper shows how traditional organizational structures within the productionsector, such as quality circles, learning groups (“Lernstatt”) and projectteams reflect the constructivist and postmodern concepts of strategic managementwith their wide ignorance of purely plan deterministic...

Recent surveys report that firms claim they do not rely heavily on patents in order toappropriate a return on their innovation. Yet, firms do patent, as indicated by the largenumber of patents that are granted. This paper offers a possible resolution to this puzzle.It takes a simplified version...

Using a unique longitudinal data set on all manufacturing firms in Slovenia from 1994-2001, this study analyzes how firm efficiency changed in response to changing competitive pressures associated with the transition to market. Results show that the period was one of atypically rapid growth of...

Using a panel data set of 361 German corporations for the period 1991 to 1996 we test the hypothesis that firms with more efficient governance structures have higher profitability. To determine efficiency we compare firms with respect to ownership concentration, the identity of owners, capital...