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entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created … endogenously via R&D results in knowledge spillovers. Such spillovers give rise to opportunities to be identified and exploited by …
Persistent link: https://www.econbiz.de/10005067475
surplus from his production. At any time, the novice can leave the relationship with his acquired knowledge and produce on his … structured as an apprenticeship, in which all production generated during training is used to compensate the expert. Knowledge … transfer takes a simple form. In the first period, the expert gifts the novice a positive level of knowledge, which is …
Persistent link: https://www.econbiz.de/10011084551
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
productivity. Education as well as innovation and production require skilled labour as inputs. This and the fact that learning …
Persistent link: https://www.econbiz.de/10005114510
characteristics of European inventors, the sources of their knowledge, the importance of formal and informal collaborations, the …
Persistent link: https://www.econbiz.de/10005124480
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
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
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
In this paper we examine the long term effects of socialization and segregation in schools, on labour market outcomes. We incorporate a model of “informational” peer influence by which beliefs of pupils are affected by exposure to other pupils’ posterior beliefs. Specifically, we focus on...
Persistent link: https://www.econbiz.de/10011165664
We develop a new methodology to compute differences in the expected longevity of individuals who are in different socioeconomic groups at age 50. We deal with the two main problems associated with the standard use of life expectancy: that people's socioeconomic characteristics evolve over the...
Persistent link: https://www.econbiz.de/10011084175