An important new literature on gross employment flows has produced a great outpouring of stylized facts. In this paper we examine one aspect of this literature through the lens of dynamic models and theories of industrial evolution. We extend the Davis and Haltiwanger methodology for analysis of...

Im BMBF-geförderten Projekt TiM - Transfer innovativer Unternehmens Milieus - wird untersucht, wie sich Unternehmen angesichts vielfältiger Herausforderungen am Markt behaupten, an neue Gegebenheiten anpassen und Innovationen hervorbringen können. Die zentrale These des Projekts besagt, dass...

The challenges faced by businesses in Europe are determined by the increasing amount of competition in global commodity markets and also changing conditions in employment markets. Much more efficient information and communication technology (IT and internet), decreasing importance of...

This paper analyses the impact that some managerial competitive strategies followed by a firm may have on its survival. We have not only considered the classic strategies related to the passive learning process defined by Jovanovic (e.g., R&D or advertisement expenses), but we have also taken...

This paper discusses the determinants of three alternative measures of innovative output by looking at firm's own formal R&D activities and at the acqusition of external technology (TA) in its embodied and disembodied components. These input-output relationships are also discussed by...

The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does not explain how or why spillovers occur. The missing link...