Because of its importance to a dynamic development of the economy, the formation of new firms has been viewed with greater interest from policy makers at the national, regional and local levels and from representatives of private business associations, formal and informal networks. According to...

Because of its importance to a dynamic development of the economy, the formation of new firms has been viewed with rapidly increasing interest from the perspectives of practical economic policy at the national, regional and local levels and from the perspectives of private business associations,...

Because of its importance to a dynamic development of the economy, the formation of new firms has been viewed with rapidly increasing interest from the perspectives of practical economic policy at the national, regional and local levels and from the perspectives of private business associations,...

This study explores the macroeconomics effects of labor unions in a two-country model of directed technical change in which the market size of each country determines the incentives for innovation. We find that an increase in the bargaining power of a wage-oriented union leads to a decrease in...

La présente étude résume les résultats obtenus lors de l'enquête effectuée en été 1988 sur les facteurs déterminant la R&D dans l'industrie suisse. Parmi les 940 entreprises sélectionnées, 358 ou environ 38 % d'entre elles ont répondu au questionnaire. Elles se répartissent en 127...

Das vorliegende Arbeitspapier fasst die Ergebnisse einer im Sommer 1988 durchgeführten schriftlichen Expertenbefragung zu den Bestimmungsfaktoren von Forschung und Entwicklung in der Schweizer Industrie zusammen. Von den 940 befragten Unternehmungen haben 358 oder ca. 40% geantwortet; sie waren...

This study analyzes the growth and welfare effects of monetary policy in a two-country Schumpeterian growth model with cash-in-advance constraints on consumption and R&D investment. We find that an increase in the domestic nominal interest rate decreases domestic R&D investment and the growth...

R&D investment has well-known liquidity problems, with potentially important consequences. In this paper, we analyze the effects of monetary policy on economic growth and social welfare in a Schumpeterian model with cash-in-advance (CIA) constraints on consumption, R&D investment, and...

This study analyzes the cross-country effects of monetary policy on innovation and international technology transfer. We consider a scale-invariant North-South quality-ladder model that features innovative R&D in the North and adaptive R&D in the South. To model money demand, we impose...

Because of its importance to a dynamic development of the economy, over the last few years the formation of new firms has been viewed with rapidly in-creasing interest from the perspectives of practical economic policy at the na-tional, regional and local levels and from the perspectives of...