This paper analyzes the effects of new business formation on industry growth. Dynamic panel techniques are used to test two hypotheses. First, does hit-andrun competition secure efficiency in an industry? Second, do innovative startups lead to amplified innovations by diminishing the knowledge...

Wachstumstreiber Informations- und Kommunikationstechnologien: Moderne Kommunikationstechnologien sind für Industrienationen wie Deutschland bedeutende Handels- und Produktionsfaktoren. Deutschland hat ein großes Potenzial, mehr wirtschaftliches Wachstum durch eine stärkere Nutzung von...

This paper investigates how group membership and competition among trustors interact with trust and trustworthiness in a laboratory one-shot trust game. To analyze these effects, we apply a 2x2 design. We induce group membership by letting subjects play coordination games with clear focal...

School choice research mostly focuses on academic outcomes. Policymakers increasingly view entrepreneurial traits as a non-cognitive outcome important for economic growth. We use international PISA-2006 student-level data to estimate the effect of private-school competition on students’...