Hidden Champions (HCs) are defined as market leaders in niche markets. They represent the success of the German Mittelstand like no other group of firms. However, little is known on how HCs contribute to regional development. Given their export strength, regional embeddedness, and strong...

This article studies the integration of Hidden Champions - little-known highly innovative global market leaders - in rural regional innovation systems (RIS) in Germany. These firms are analyzed in relation to their integration into a RIS framework, which differentiates two subsystems: knowledge...

"The story of the largest currency union in world history and its creation at the hands of the Holy Roman Empire. Providing a historical perspective on multilateralism, the book makes early monetary policies widely accessible and draws a vivid picture of economic and political life in a country...

This paper presents a puzzling finding: although France invests twice as much in intangible capital vis-à-vis Germany, both countries have similar LPG rates over the studied period from 1995 until 2020. We find that this difference in investments is driven by France's four- and...

Using a newly collected dataset at the plant level from 2014 to 2018, we provide the first microscopic portrait of robotization in Germany and study the correlates of robot adoption. Our descriptive analysis uncovers five stylized facts: (1) Robot use is relatively rare. (2) The distribution of...

Increasing production of green technologies in the EU holds great potential for the European economy. This study uses trade data and input-output tables to estimate the impacts on GDP and employment of reshoring to the EU the production of five major green technologies: photovoltaics, wind...