This paper analyses the relationship between total factor productivity (TFP) and innovation-related variables during the second half of the twentieth century. We perform this analysis for several European countries (France, Germany, UK, and Spain) and the USA, extending Coe and Helpman’s (Eur...

This paper analyses the process of knowledge growth in a branch of medical science. Our study of scientific advances in glaucoma research is organized in two parts. In the first we present a qualitative overview of the problem sequences that have characterized 150 years of medical research in...

Epistemic arguments play a significant role in Hayek’s defense of market liberalism. Hisclaim that market competition is a discovery procedure that serves the common good is acase in point. The hypothesis of the markets’ efficient use of existing knowledge issupplemented by the idea that...

In Germany, solar thermal systems (STS) have only diused to a minor extentyet. This paper analyzes, which demand side factors are decisive for thefurther proliferation of this environmentally benign technology. Making use ofa consumer survey in North-West Germany in 2007, we examine the...

Does FDI affect productivity growth, innovation, and knowledge sourcing activities ofdomestic firms? This study employs detailed firm-level panel-data from Estonia’smanufacturing sector to investigate different channels through which FDI can affectdomestic firms. I use instrumental variables...

We estimate the relative contribution of mobile scientists who leave academia for the privatesector on the subsequent innovative performance of the firms they join. We use data on thepopulation of Danish firms and their R&D workers for the period 1999-2004 and measureinnovation performance by...

We study the mapping between labor mobility and industrial innovative activity for thepopulation of R&D active Danish firms observed between 1999 and 2004. Our studydocuments a positive relationship between the number of workers who join a firm and thefirm’s innovative activity. This...

Innovation is key to technology adoption and creation, and to explaining the vast differencesin productivity across and within countries. Despite the central role of the entrepreneur in theinnovation process, data limitations have restricted standard analysis of the determinants ofinnovation to...

This paper critically discusses the theoretical and empirical literature on the quantitative andqualitative employment impact of technological change, compares the relative explanatorypower of the competing theories, and explains in detail the macro and micro evidence on theissue, with reference...

We analyze the implications of entrepreneurial spawning for a variety of firm characteristicssuch as size, focus, profitability, and innovativeness. We examine the dynamics of spawning overtime. Our model accounts for much of the empirical evidence relating to the relation betweenspawning and...