This study is concerned with the econometric analysis of innovation activities in Germany. Using microeconometric … introduction into the economics of innovation and a discussion of econometric issues such as self selection and endogeneity, the … innovation process. In the third part the book analyzes whether technological and organizational changes are skill biased in …

innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings … automation, health care, and energy, and correcting these distortions could have sizable welfare benefits …

-cost) firms and laggard (high-cost) firms increase productivity when automating but that only laggard firms hire more automation …-level automation workforce probabilities, which reveal the extent to which a firms' workforce can be replaced by new AI and robotic …