Our science, technology, engineering and math (STEM) workforce is crucial to America's innovative capacity and global competitiveness. Yet women are vastly underrepresented in STEM jobs and among STEM degree holders despite making up nearly half of the U.S. workforce and half of the...

This paper investigates the effect that employee treatment schemes have on corporate innovation performance. We find that firms with better employee treatment schemes produce more and better patents through improving employee satisfaction and teamwork. Additional tests suggest that our main...

In this study we investigate the factors that shape the attitudes of scientists toward starting their own business or working in a private sector firm. The analysis is based on data collected from scientists working in the German Max Planck Society, a research institution devoted to basic...

Adopting a dynamic perspective, this paper investigates age-related staffing patterns in German establishments and their effect on innovative performance. First, we investigate how establishments achieve the necessary workforce rejuvenation - from the inflow of younger or from outflows of older...

Innovation generally takes place in male-dominated industries. A gender gap might therefore exist. This study used data from the 2015 Tanzania Firm-Level Skills Survey to investigate the gender innovation gap between female-owned enterprises and male-owned enterprises. A non-linear...

This paper studies gender inequality in the recognition of innovations. Using modern natural language processing on over 1.5 million patents between 1980 and 2015, we find significant gender differences in inventors’ patent citations. Changing the gender structure of an inventor team from...

The evolutionary taxonomy of financial systems, outlined by Dosi (1990), argued that market-based systems would be comparatively more engaged in the exploration of new technological paradigms, as an outcome of market selective pressure, whereas the more institutionalized finance allocation in...

This paper offers proposals on stimulation of Russia's innovative economic growth through share ownership diversification, improving corporate governance practice and capital structure transformation. The paper also contains concepts on how to strengthen Russia's role in global financial markets...

We develop a horizontal R&D growth model that allows us to investigate the different channels through which financial reforms affect R&D investment and patent activity. First, a "micro" reformthat abolishes barriers to entry in the banking sector produces a straightforward result: a decrease in...

We develop a horizontal R&D growth model that allows us to investigate the different channels through which financial reforms affect R&D investment and patent activity. First, a “micro” reform that abolishes barriers to entry in the banking sector produces a straightforward result: a...