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accumulation of human capital. Based on a perpetual inventory estimation procedure we construct an aggregate measure of the stock …
Persistent link: https://www.econbiz.de/10010440426
Germany remains Europe's largest and most diversified source of new technology, but still lags in the fastest growing areas of today's high technology. After World War II, West-German technology policy sought to rebuild the institutions which had supported Germany's leadership in the high-tech...
Persistent link: https://www.econbiz.de/10011495600
In this paper we emphasize the contribution of technical change, broadly defined, towards productivity growth in … excessively focused on physical capital investments determining productivity differentials, which consequently led to an …
Persistent link: https://www.econbiz.de/10014076318
Persistent link: https://www.econbiz.de/10009125292
. -- economic growth; total factor productivity ; human capital ; technical change ; growth accounting …
Persistent link: https://www.econbiz.de/10009712336
This paper shows how and why the Solow growth accounting framework is useful for linking entrepreneurship capital to economic growth. The knowledge filter impedes the spillover of knowledge for commercialization, thereby weakening the impact of knowledge investments on economic growth. By...
Persistent link: https://www.econbiz.de/10012714139
To facilitate the transformation of the German economy from the traditional manufacturing industries towards emerging new technologies, a new segment of the Frankfurt exchange was introduced in 1997 - Der Neue Markt. This study provides evidence that not only did many new firms obtain funding...
Persistent link: https://www.econbiz.de/10010261491
This paper exploits a geocoded, publicly audited, full population dataset on employment and wages in Sweden's city areas, to analyze the relationship between density of economic activity and individual wages. The analysis is based on 250-by-250 meter (about 0.15 miles), 1 km2, 9 km2 and 100 km2...
Persistent link: https://www.econbiz.de/10011507866
capacity for the post-merger patent productivity of the acquired inventors. Based on a sample of 544 inventors employed by …Inventors often experience a low productivity after their company has been subject to a merger or acquisition (M … European acquisition targets in the period 2000-2001 it is shown that the post-merger productivity of acquired inventors is …
Persistent link: https://www.econbiz.de/10008660550
and industries. All these effects have the potential to increase the productivity (and profitability) of firms. Whereas …
Persistent link: https://www.econbiz.de/10011304181