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route for societal change to end capitalism. The author starts with a brief review of the history of economics, and then …
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This study incorporates heterogenous households into the Schumpeterian model with the spirit of capitalism (SOC) to …
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This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering almost 20,000 patenting firms from Europe over the period 2003-2012. The main outcome from the proposed GMM-SYS estimations is the labour-friendly nature of innovation, which...
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Based on patent data and industry specific energy prices for 18 OECD countries over 30 years we investigate on an industry level the impact of energy prices on green innovation activities. Our econometric models show that energy prices and green innovation activities are positively related and...
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