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Does competitive pressure foster innovation? In addressing this important question, priorstudies ignored a distinction between discrete innovation aiming at entirely new technologyand continuous improvement consisting of numerous incremental improvements andmodifications made upon the existing...
Persistent link: https://www.econbiz.de/10005861521
Whereas initially physical capital and later, knowledge capital were viewed as crucial for growth, more recently a very different factor, entrepreneurship capital, has emerged as a dri-ving force of economic growth. In this paper, we define a region’s capacity to create new firms start-ups as...
Persistent link: https://www.econbiz.de/10005864584
This paper analyzes empirically the effects of innovation onemployment at the firm level using a uniquely long panel dataset ofGerman manufacturing firms. The overall effect of innovations onemployment often remains unclear in theoretical contributions dueto reverse effects. We distinguish...
Persistent link: https://www.econbiz.de/10005866096
and to simulate of the impact on productivity ofvarious policy scenarios.... …
Persistent link: https://www.econbiz.de/10009360621
idiosyncraticproductivities and update productivity beliefs using information revealed by their productionexperience. The estimator relies on the … industry. Estimation of productivity dynamics and of behavioraldecision rules are separated into recursive stages. Using … plausible estimates with small standard errors. Decision ruleestimates show that productivity beliefs affect investment and exit …
Persistent link: https://www.econbiz.de/10005870144
The aim of this paper is to analyze the effects of technological opportunities on the innovation activities of firms, depending on their absorptive capacities. The importance and impacts of the ability of firms to use external knowledge sources were inquired especially for external knowledge...
Persistent link: https://www.econbiz.de/10005840314
This paper investigates the determinants of vertical integration. We first derive a number of predictions regarding the relationship between technology intensity and vertical integration from a simple model with nancial imperfections andincomplete contracts. Then, we investigate these...
Persistent link: https://www.econbiz.de/10005857773
protected against downsizing due to larger productivity shocksand larger firing costs... …
Persistent link: https://www.econbiz.de/10009353907
This paper documents the relationship between foreign ownership and firm survival forenterprises in Germany using unique tailor-made new representative data that mergeinformation from surveys performed by the Statistical Offices, from administrative datacollected by the Tax Authorities and from...
Persistent link: https://www.econbiz.de/10009486992
the other hand, previous empirical studies show thatexporting does not necessarily improve productivity. One possible …'s exportstatus and the growth of its labour productivity, using the firms' export status as a binarytreatment variable and comparing …
Persistent link: https://www.econbiz.de/10005863028