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Toivanen, Otto; Väänänen, Lotta - C.E.P.R. Discussion Papers - 2011

Modern growth theory puts invention on the center stage. Inventions are created by individuals, raising the question: can we increase number of inventors? To answer this question, we study the causal effect of M.Sc. engineering education on invention, using data on U.S. patents’ Finnish...

Persistent link: https://www.econbiz.de/10009275968

Firm-level Human Capital and Innovation: Evidence from China

Sun, Xiuli; Li, Haizheng; Ghosal, Vivek - 2017

Understanding the factors that may produce a sustained rate of innovation is important for promoting economic … development and growth. In this paper, we examine the role of human capital in firms’ innovation by using a large sample of … small and medium sized cities. Patent applications are used as the measure of innovation. Human capital indicators used …

Persistent link: https://www.econbiz.de/10011615925

Should continued family firms face lower taxes than other estates?

Grossmann, Volker; Strulik, Holger - 2008

Inheritance taxes may induce heirs to discontinue family firms. Because firm dissolution incurs transaction costs, a preferential tax treatment of transferred family businesses seems to be desirable from a macroeconomic viewpoint. The support of dynastic succession, however, entails also a cost...

Persistent link: https://www.econbiz.de/10010264315

Incentives and Creativity in Groups

Ramm, Joachim; Tjøtta, Sigve; Torsvik, Gaute - 2013

It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...

Persistent link: https://www.econbiz.de/10010319399

Creativity over Time and Space - A Historical Analysis of European Cities

Serafinelli, Michel; Tabellini, Guido - 2021

Creativity is often highly concentrated in time and space, and across different domains. What explains the formation and decay of clusters of creativity? We match data on notable individuals born in Europe between the XIth and the XIXth century with historical city data. The production and...

Persistent link: https://www.econbiz.de/10012582036

The Efficacy of Tournaments for Non-Routine Team Tasks

Englmaier, Florian; Grimm, Stefan; Grothe, Dominik; … - 2021

Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but …

Persistent link: https://www.econbiz.de/10012657895

The Next Wave of Energy Innovation: Which Technologies? Which Skills?

Popp, David; Vona, Francesco; Grégoire-Zawilski, Myriam; … - 2022

innovation. These include both improvements in physical capital, such as smart grids to aid integration of intermittent … innovation and discuss the lessons learnt for policy. We then discuss the need for complementary innovation in both physical …

Persistent link: https://www.econbiz.de/10013427664

Are Intellectual Property Rights Unfair?

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2003

If redistribution is distortionary, and if the income of skilled workers is due to knowledge-intensive activities and … distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …

Persistent link: https://www.econbiz.de/10005791837

Employment Protection Legislation, Multinational Firms and Innovation

Griffith, Rachel; Macartney, Gareth - C.E.P.R. Discussion Papers - 2010

The theoretical effects of labour regulations such as employment protection legislation (EPL) on innovation is … technologically advanced innovation. In this paper we find empirical evidence that both effects are at work - multinational … innovation in countries with low EPL. …

Persistent link: https://www.econbiz.de/10008530372

Which Immigrants Are Most Innovative and Entrepreneurial: Distinctions by Entry Visa

Hunt, Jennifer - C.E.P.R. Discussion Papers - 2010

Using the 2003 National Survey of College Graduates, I examine how immigrants perform relative to natives in activities likely to increase U.S. productivity, according to the type of visa on which they first entered the United States. Immigrants who first entered on a student/trainee visa or a...

Persistent link: https://www.econbiz.de/10008468510