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Kraft, Kornelius; Stank, Jörg; Dewenter, Ralf - Institute for the Study of Labor (IZA) - 2009

This paper examines the effect of the German co-determination law of 1976 (MitbestG) on the innovative activity of German firms. Co-determination applies to firms with 2000 employees or more. Data from 1971-1976 and 1981-1990 on 148 firms are used to compare the number of patents granted to...

Persistent link: https://www.econbiz.de/10008578125

The Value of Hiring through Referrals

Burks, Stephen V.; Cowgill, Bo; Hoffman, Mitchell; … - Institute for the Study of Labor (IZA) - 2013

Employee referrals are a very common means by which firms hire new workers. Past work suggests that workers hired via referrals often perform better than non-referred workers, but we have little understanding as to why. In this paper, we demonstrate that this is primarily because referrals allow...

Persistent link: https://www.econbiz.de/10011128036

20 Years of German Unification: Evidence on Income Convergence and Heterogeneity

Brück, Tilman; Peters, Heiko - Institute for the Study of Labor (IZA) - 2009

We analyse the convergence and heterogeneity of living standards between East and West Germany since unification. Based on data from the German Socio-Economic Panel (GSOEP), we compare total individual income of permanent adult residents, including retirees and the unemployed, of East and West...

Persistent link: https://www.econbiz.de/10008565211

What Is the Value of Entrepreneurship? A Review of Recent Research

Praag, Mirjam van; Versloot, Peter H. - Institute for the Study of Labor (IZA) - 2007

answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …

Persistent link: https://www.econbiz.de/10005822686

Unraveling the Role of Public Researcher Mobility for Industrial Innovation

Ejsing, Ann-Kathrine; Kaiser, Ulrich; Kongsted, Hans … - Institute for the Study of Labor (IZA) - 2011

1999-2004 and measure innovation performance by the (value-adjusted) number of patent applications at the European Patent … firms as well as immobile workers on the innovation performance of their employer. Our main result is that mobile university … scientists contribute substantially more to innovation than R&D workers hired from other firms who, in turn, contribute slightly …

Persistent link: https://www.econbiz.de/10009021639

Do Inventors Talk to Strangers? On Proximity and Collaborative Knowledge Creation

Crescenzi, Riccardo; Nathan, Max; Rodríguez-Pose, Andrés - Institute for the Study of Labor (IZA) - 2013

This paper investigates how physical, organisational, institutional, cognitive, social, and ethnic proximities between inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper systematically explores the net effects of all...

Persistent link: https://www.econbiz.de/10010721624

Foreign and Native-Born STEM Graduates and Innovation Intensity in the United States

Winters, John V. - Institute for the Study of Labor (IZA) - 2014

native and foreign STEM graduates have statistically significant and economically large effects on innovation. Together these … results suggest that policies that increase the stocks of both foreign and native STEM graduates increase innovation and …

Persistent link: https://www.econbiz.de/10010959806

A Vibrant European Labor Market with Full Employment

Ritzen, Jo; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2013

employment is regained by more policy attention toward innovation and its underlying research and development (R&D), accompanied …

Persistent link: https://www.econbiz.de/10010884389

Management Compensation and Firm-Level Income Inequality

Frederiksen, Anders; Poulsen, Odile - Institute for the Study of Labor (IZA) - 2008

In recent decades, most developed countries have experienced a simultaneous increase in income inequality and management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a general equilibrium model. Empirical estimation, of the...

Persistent link: https://www.econbiz.de/10005762227

Why Populist Democracy Promotes Market Liberalization

Grosjean, Pauline; Senik, Claudia - Institute for the Study of Labor (IZA) - 2008

Using a new set of micro evidence from an original survey of 28 transition countries, we show that democracy increases citizens’ support for the market by guaranteeing income redistribution to inequality-averse agents. Our identification strategy relies on the restriction of the sample to...

Persistent link: https://www.econbiz.de/10005822609