We estimate the long-term effect of public R&D on growth in manufacturing by analyzing new data from the Cold War era Space Race. We develop a novel empirical strategy that leverages US-Soviet rivalry in space technology to isolate windfall R&D spending. Our results demonstrate that public R&D...

Previous research suggests that entrepreneurs value autonomy more than non-entrepreneurs do across countries and institutional contexts. However, most evidence exists for contexts with more or less entrepreneurship-facilitating and stable institutional frame-work conditions while we do not know...

This study compares and contrasts the accounting education provided by Russian universities with that given at American universities. Two typical universities were chosen for comparison purposes, one Russian and one American. Their curricula were compared and evaluated. Accounting educators at...

Das ifo Institut führt sein 1979 in der deutschen Industrie eine Befragung über deren Innovationsaktivitäten durch, die als Entscheidungshilfe für Wirtschaft und Politik dienen soll. Als Testergebnisse der Jahre 1990-1997 werden dabei zunächst Innovationsschwerpunkte, -ziele und -hemmnisse...

Using US data for the period 1959-2007, we identify sectoral productivity shocks and capital investment-specific shocks by employing a Vector Autoregression whose shock structure is disciplined by a general equilibrium model. Controlling for real and nominal factors, we find that capital...