It is well established that management practices have on average a significant and large impact on firm output after controlling for a range of standard factors such as other inputs, industry etc. We investigate non-linearities in the impact of management practices on firm performance using...

This study investigates the management practices of 926 manufacturing plants in South Korea using the quantitative method by Bloom et al. (2019). The original management and organizational practices survey (MOPS) in the U.S. is revised to reflect the Korea-specific environment and merged with...

This paper examines the relationship between the use of advanced technologies such as ICT, and outcomes such as productivity, the skill mix of the workforce and wages using micro data for the U.S. and Germany. We find support to the idea that U.S. businesses engage in experimentation in a...

New business models are at the heart of the global competitive challenge. In several areas of manufacturing and closely related services industries, new market participants, business models and technologies lead to faster change in market conditions and the competitive environment. These...

What is meant by entrepreneurship, innovation and economic growth is often not clear or very idiosyncratic. This paper starts with a discussion of the nature of entrepreneurship and its relation to innovation. The second section provides an overview of theory and empirical research on the...

Start-up subsidies are a frequently employed policy instrument, the use of which is justified by alleged market failure resulting from positive external effects and capital market imperfections. This article investigates whether the allocation of subsidies reflects a policy focus on addressing...

Start-up subsidies are a frequently employed policy instrument, the use of which is justified by alleged market failure resulting from positive external effects and capital market imperfections. This article investigates whether the allocation of subsidies reflects a policy focus on addressing...

We address the key question of the efficacy of R&D policy measures in support of hightech start-ups. Distinguishing between subsidies awarded on a competitive basis and those assigned through an automatic procedure, we show that the former type led to a positive total factor productivity...

The paper presents the limited quantitative and qualitative analysis of the biotechnology and ICT industries in Lithuania and Estonia, as well as public policy instruments aimed at supporting the development of these industries. In depth analysis of the employment and revenue profile and...

Entrepreneurial ecosystems can take different forms, some of the conspicuous ones are country, city, cluster and economic zone. All these four entrepreneurial ecosystems are based on certain variables which affect their characteristics, performance, and impact. The models for evaluating...