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productivity (TFP) growth increases with leverage until it reaches a critical threshold. Beyond this threshold, higher leverage …
Persistent link: https://www.econbiz.de/10008666858
, and (iii) productivity and growth, relative to the contributions of the entrepreneurs' counterparts, i.e. the 'control … very important - but specific - function in the economy. They engender relatively much employment creation, productivity …
Persistent link: https://www.econbiz.de/10010276297
, and (iii) productivity and growth, relative to the contributions of the entrepreneurs' counterparts, i.e. the 'control … very important - but specific - function in the economy. They engender relatively much employment creation, productivity …
Persistent link: https://www.econbiz.de/10012750339
In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U …
Persistent link: https://www.econbiz.de/10012239797
This study investigates induced productivity effects of firms introducing new environmental technologies. The … literature on within-firm organisational change and productivity suggests that firms can achieve higher productivity gains from … associated with lower productivity, the simultaneous implementation of green technologies and organisational innovations is not. …
Persistent link: https://www.econbiz.de/10011411433
As cities increasingly become centers of economic growth and innovation, there is a need to understand their inner workings and organization in greater detail. We use ge-coded firm-level panel data at the sub-city level to assess the long-standing question whether agglomeration economies derive...
Persistent link: https://www.econbiz.de/10011657494
In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U …
Persistent link: https://www.econbiz.de/10012290495
How do financial constraints influence innovative activities of firms? In a two-period model of price competition with differentiated products we first analyze the incentives to innovate when both firms are self-financed. We then assume that one of the firms is financially constrained and...
Persistent link: https://www.econbiz.de/10010405872
Access to finance has figured prominently in the debate on barriers to firm growth, even though existing empirical research has not found conclusive evidence of a ‘finance gap'. Moreover, it is not clear to what extent innovation aggravates financial constraints and what role innovation...
Persistent link: https://www.econbiz.de/10012963353
Big data technologies change the way in which data and human labor combine to create knowledge. Is this a modest technological advance or a transformation of our basic economic processes? Using hiring and wage data from the financial sector, we estimate firms' data stocks and the shape of their...
Persistent link: https://www.econbiz.de/10012837714