This paper extends the job market signaling model of Spence (1973) by allowing firms to learn the ability of their …

Entrepreneurship in Germany has been stagnating. As a result, the effectiveness of technological innovation to improve … overview of technological innovation and labor productivity growth from 1871. From this we show that over the past three … decades the economy has found it increasingly difficult to transform technological innovation into labor productivity growth …

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 …

Among contemporary economists, Mariana Mazzucato stands out for her emphasis on the importance of innovation to solve … pressing challenges and achieve a greater quality of life. However, the type of mission-oriented innovation policies she … promotes usually rely on an overly mechanical view of innovation and economic growth. We employ an ecosystem perspective to …

growth and convergence of an economy towards the world technology frontier. -- Growth ; skills ; innovation ; selection …

This introduction outlines some key aspects of an Austrian perspective on innovation, which is viewed as an ongoing … Austrian economics and innovation …

and 30% to education signaling workers' ability. …