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As a first step towards understanding the evolution of small groups in firms, this paper develops and tests a simple decision-theoretical model of research-unit evolution in which, as managers resolve their uncertainty over time, they shut down under-performing units and remove under-performing...
Persistent link: https://www.econbiz.de/10011561890
Immigrants receiving advanced educational degrees in the U.S. play an increasingly important role in the U.S. economy. Visa regulation concerning their employment by U.S. corporations, however, is a subset of the overall H-1B visa policy that has remained largely unchanged over the last 25 years...
Persistent link: https://www.econbiz.de/10012933503
The recent 'scientification' of commercial technology has brought the interface between universities and industry into sharp focus. In particular, academic entrepreneurship, i.e., the variety of ways in which academics take direct part in the commercialization of research, is widely discussed....
Persistent link: https://www.econbiz.de/10010334855
What national policies are most efficient in promoting the commercialization of university-generated knowledge? We address this question by characterizing and evaluating the policy pursued in Sweden and the US, two countries that put a great deal of resources into university R&D, but follow very...
Persistent link: https://www.econbiz.de/10010281236
The recent 'scientification' of commercial technology has brought the interface between universities and industry into sharp focus. In particular, academic entrepreneurship, i.e., the variety of ways in which academics take direct part in the commercialization of research, is widely discussed....
Persistent link: https://www.econbiz.de/10010281352
Two ubiquitous empirical regularities in pay distributions are that the variance of wages increases with experience, and innovations in wage residuals have a large, unpredictable component. The leading explanations for these patterns are that over time, either firms learn about worker...
Persistent link: https://www.econbiz.de/10008689037
While most economists believe that public scientific research fuels industry innovation and economic growth, systematic … size as a significant driver of drug innovation in the pharmaceutical industry, but they did not find any evidence … supporting science-driven innovation from publicly funded research. This paper uses new data on biomedical research investments …
Persistent link: https://www.econbiz.de/10009374417
A review of the types of Innovation System identified in the literature points to different models. Besides the very … well-known National, Regional, Local, sectorial, and technological innovation systems, combinations of the previous can be … identified, proposing sub-models such as National Open Innovation Systems, Regional Open Innovation System, as well as Regional …
Persistent link: https://www.econbiz.de/10011499311
The wage policy of a German and a U.S. firm is comparatively analysed with a focus on the relation between wages and hierarchies. While prior studies examine only one particular firm, in this paper two plants of the same owners with similar production processes in different institutional...
Persistent link: https://www.econbiz.de/10011414006
The wage policy of a German and a U.S. firm is comparatively analysed with a focus on the relation between wages and hierarchies. While prior studies examine only one particular firm, in this paper two plants of the same owners with similar production processes in different institutional...
Persistent link: https://www.econbiz.de/10013320383