If one cluster increases local competitiveness, can politicians, by interlinking clusters, achieve an even better effect at the state level? To answer this question, the paper analyzes the Cluster Initiative" introduced in 1999 by the Bavarian State Government. The purpose of the initiative was...

If one cluster increases local competitiveness, can politicians, by interlinking clusters, achieve an even better effect at the state level? To answer this question, the paper analyzes the Cluster Initiative introduced in 1999 by the Bavarian State Government. The purpose of the initiative was...

If one cluster increases local competitiveness, can politicians, by interlinking clusters, achieve an even better effect at the state level? To answer this question, the paper analyzes the Cluster Initiativeʺ introduced in 1999 by the Bavarian State Government. The purpose of the initiative was...

If one cluster increases local competitiveness, can politicians, by interlinking clusters, achieve an even better effect at the state level? To answer this question, the paper analyzes the "Cluster Initiativeʺ introduced in 1999 by the Bavarian State Government. The purpose of the initiative...

Using unique micro-data on German firms, this paper estimates the effect of restrictive bank lending on innovation. In the German three-pillar banking system, comprised of commercial banks, credit unions, and savings banks, firms were differently affected in their ability to raise external debt...

In diesem Beitrag werden die Auswirkungen sektoraler, regionaler sowie betrieblicher Determinanten auf das Scheitern junger Betriebe mit Hilfe eines ökonometrischen Überlebensdauer-Ansatzes analysiert. Dabei findet ein accelerated failure time model mit zugrunde liegender log-logistischer...

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...