find that individuals with higher measured intelligence and self-confidence are more likely to be entrepreneurs …. Furthermore I present evidence suggesting that intelligence and self-confidence affect business ownership through two different … channels: intelligence increases business survival while self-confidence increases business creation. Finally, once we control …

This paper analyzes the effect of an increase in patent scope on R&D and innovation. It presents a model where patent … duplication of R&D. The model predicts that an increase in patent scope can increase the probability of innovation if the … incumbent's profit increase from innovation is large and the patented technology has a small advantage over the alternative …

Kenngrößen wie der Produktivität, der Qualifikationsstruktur und den Löhnen, wobei Mikrodaten für die USA und Deutschland … verwendet wurden. Dabei kann die Hypothese unterstützt werden, dass in den USA Betriebe stärker experimentieren - gemessen … durchschnittlichen Einfluss der Einführung neuer Technologien auf die Produktivität und die Löhne in den USA als in Deutschland. …

This paper addresses the key determinants of merger failure, in particular the role of innovation (post … introduce a model of process innovation where merged firms exibit intra-merger spillover of knowledge under different market … that post-merger innovation performance, in particular with large spillover, increases the probability of survival, while …