This paper describes and analyzes the strategies of young highly innovative companies to appropriate the returns from their innovations. Upon controlling for other firm and industry characteristics, we show that firms combining a young age with a high R&D intensive profile are more likely to...

Using survey data on European-born and European-educated researchers who are internationally mobile after their PhD within Europe or to the United States, we find positive reported effects from international mobility on a range of facets, including scientific productivity, research environment...

This paper is the first to study the effect of European Anti-dumping policy on market structure, i.e., the incentives of firms to engage in a domestic or international cartel in a multi-stage setting. The analysis concentrates on how European anti-dumping policy influences the incentives for...

Research which explores unchartered waters has a high potential for major impact but also carries a high uncertainty of having minimal impact. Such explorative research is often described as taking a novel approach. This study examines the complex relationship between pursuing a novel approach...

Many world regions, including Europe, have the perception that their best students and researchers leave to study and work in the United States. This phenomenon has been coined ‘the elite brain drain.' With a sample of European students who obtain a PhD in economics in the US, we study whether...

Using a sample of 998 European-born researchers who obtained their PhD in Europe, we study the differences in personal characteristics, motivations and perceived external influencing factors between researchers who are internationally mobile within Europe or internationally mobile to North...

In view of the sizeable climate change challenge, we need a clean innovation machine operating at full speed. The private clean innovation machine, left on its own, is not up for this challenge. It needs government intervention to address the combination of environmental and knowledge...

Industry-science links (ISLs) are those relationshipsthat are targeted at exchanging knowledge and technology between industry andthe science sector.This article analyzes the use of incentive systems andgovernance structures in science institutions, specifically universities, tofoster these...

In the context of the Bologna process, we are interested in assessing whether the uality of a country's higher education system drives macro-flows of foreign tertiary students in Europe. We use various measures on the quality of a country's higher education system in an extended gravity model....

This paper examines the sources of Europe's lagging business R&D performance relative to the US, particularly the role played by missing young leading innovators in high technology intensive sectors in Europe. It investigates through econometric analysis differences in the rates of return to R&D...