We examine whether there is a tradeoff between employing internal (firm) resources and purchased external (local) resources in process innovation. We draw on a rich data set of Internet investments by 86,879 U.S. establishments to examine decisions to invest in advanced Internet technology. We...

This paper examines the question, whether the growing use of new technologies and decentralized forms of work organization affects the age structure of workforces within firms. The initial idea behind this relationship is that technological and organizational change may not only be skill-biased,...

The last three decades have witnessed an explosion of theoretical work on the organization of firms (Robert Gibbons and John Roberts, 2009). In parallel, there has been a massive increase in access to micro data which has revealed huge dispersions in productivity. For example, within narrow...

When, on 21st September 2006, 'The Economist' compared incumbent telecommunication operators with dinosaurs that could soon face extinction, most readers were ready to agree. The mixture of declining revenues and fierce competition was believed to shake the market and soon to dethrone former...

This paper deals with the size of newly founded enterprises. On the basis of a multivariate regression analysis, it is investigated whether innovative start-ups create more jobs than other newly founded enterprises. It can be shown that start-ups with R&D based innovations have a strong effect...

The current American economic decline is a result of fundamental flaws in the economic structure of the country. The flaws in financial markets and financial policy allowed negative economic trends to grow and fester under the Bush administration. The U. S. Congress contributed mightily to the...

Our interest in writing this article is to create a bridge between the scholarly and academic research on technological innovation and a private sector, for-profit business model that implements the ideas on innovation and entrepreneurship, primarily in metro regional economies. In this column,...

Goal-oriented transformative change processes - that is, system-transforming processes that are guided by the ambition to resolve current or expected future societal challenges of various kinds - can only start once possible goals are considered by key stakeholders and the relevant actors are...

This paper investigates the development of an open innovation (OI) ecosystem in Israel by analyzing the evolution of OI activities, processes, functions, and practices in the Israeli entrepreneurial ecosystem from 1993 to 2022. Our findings show a movement from internal patterns of innovation...

Public and political interest is intensifying in artificial intelligence (AI), machine learning and robotics. As these technological capabilities advance, legislative and regulatory proposals for algorithmic systems will grow alongside them. Public policy will play a crucial role in shaping the...