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R&D spillovers across firms have long been seen as a cause for faster innovation, with positive effects on productivity and growth (Griliches [1992], Bernstein and Nadiri [1988, 1989], Romer [1994]). Does inventors' mobility increase these spillovers? To answer this question we develop two...
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Against the background of the so-called "European paradox", i.e. the conjecture that EU countries lack the capability to transfer science into commercial innovations, knowledge transfer from academia to industry has been a central issue in policy debates recently. Based on a sample of German...
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