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...

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'...

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'...

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...

There is extensive literature, both theoretical and empirical, on the effects of social identity on a wide range of economic and non-economic outcomes. However, there is only scarce knowledge about how social identity is affected by policies or market structure. We address the question how...

Moderne Kommunikationsnetze tragen zur Verbreitung von Wissen und Information bei und sind daher für die wirtschaftliche Entwicklung von Industrienationen wie Deutschland von zentraler Bedeutung. Insbesondere stellt der Umbau der Netzarchitektur vom traditionellen vermittelten Sprachtelefonnetz...

Seit einigen Jahren wird in Europa ein neuer Regulierungsansatz im Telekommunikationssektor diskutiert: weg von einer nationalen Betrachtungsweise hin zu einem subnationalen Ansatz, bei dem Gebiete mit ausgeprägtem Wettbewerb dereguliert werden. In den Diskussionen wurden zahlreiche Argumente...

Since the outbreak of the financial crisis Croatia has faced negative growth rates and Foreign Direct Investment has not recovered since. This has resulted in a steadily growing brain drain of highly qualified labor. The economy’s international competitiveness has been decreasing for quite...