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The current American economic decline is a result of fundamental flaws in the economic structure of the country. The flaws in financial markets and financial policy allowed negative economic trends to grow and fester under the Bush administration. The U. S. Congress contributed mightily to the...
Persistent link: https://www.econbiz.de/10014211077
innovation and a private sector, for-profit business model that implements the ideas on innovation and entrepreneurship …, primarily in metro regional economies.Radical innovation occurs when technology from two distinct industrial clusters are … crossed, resulting in an entirely new product. In contrast, sustaining innovation usually involves adding technological …
Persistent link: https://www.econbiz.de/10012710971
Persistent link: https://www.econbiz.de/10014233124
), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge … intensive services benefit from innovation activities in the sense that these activities causally increase their labor …
Persistent link: https://www.econbiz.de/10011938747
Using a panel data model, we study the effects of regional and industry-level traits on new business formation (NBF) for 164 industries across 266 Chinese prefectures between 1998 and 2007. The objective is to provide empirical estimates on effects of prefecture traits on entry rates, and in...
Persistent link: https://www.econbiz.de/10011480854
This paper challenges the key assumption in "idea based growth models" that innovation rents ultimately reward the … bulk of the innovation rents and are generally the residual claimant. We develop a model that separates invention from … innovation where new ideas are a costless spillover from profit motivated corporate R&D aimed at improving existing production …
Persistent link: https://www.econbiz.de/10013089419
Hometown Tax Donation is designed to bolster regional economies through the provision of reciprocal gifts by local businesses, and can be regarded as a unique SME policy which is not reliant on subsidies, but instead, offers businesses the incentive to develop attractive products and yields...
Persistent link: https://www.econbiz.de/10012912058
technology and innovation have created a plethora of new opportunities for small and medium-sized enterprises. This paper …
Persistent link: https://www.econbiz.de/10011288743
We describe Germany's rise as an industrial power in the late 19th century through radical innovation and … miracle, was nevertheless a period during which innovation slowed down - a somewhat surprising conclusion, but consistent with … innovation indicators, and offer four broad, interrelated explanations in a historical context: (i) the innovation system is …
Persistent link: https://www.econbiz.de/10013414364
), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge … intensive services benefit from innovation activities in the sense that these activities causally increase their labor …
Persistent link: https://www.econbiz.de/10011947391