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that reduce incentives to invest in new knowledge. Using a formal model of innovation we identify conditions where the … innovation benefits of job-hopping exceed the costs from reduced incentives to invest in human capital. These conditions likely …. Consistent with our model of innovation, we also find that outside of the computer industry, California’s mobility rates are no …
Persistent link: https://www.econbiz.de/10005762119
or in the knowledge sector, which designs new varieties. It is shown that if the elasticity of labor supply to the … knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with …
Persistent link: https://www.econbiz.de/10005762377
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
's innovation and export activities, using unique firm survey data which provides direct measures for innovations and firm … export and innovation activities to become substitutes although they are generally natural complements. …
Persistent link: https://www.econbiz.de/10008592859
We present a model in which two of the most important features of the long-run growth process are reconciled: the massive changes in the structure of production and employment; and the Kaldor facts of economic growth. We assume that households expand their consumption along a hierarchy of needs...
Persistent link: https://www.econbiz.de/10005566639
capabilities and knowledge, considered as key inputs to foster economic growth. Then, attention will be turned to structural change … and innovation, trying to map – using the taxonomies put forward by the innovation literature – the concrete ways through … involved into globalized markets where domestic innovation has to be complemented by the role played by international …
Persistent link: https://www.econbiz.de/10010352253
We explore whether the introduction of trust based working hours is related to the subsequent innovation performance of … adoption of trust based working hours and innovation seems to be driven by the degree of control and self-management over …
Persistent link: https://www.econbiz.de/10010352329
We study innovation contests with asymmetric information and identical contestants, where contestants’ efforts and … highest quality and receives the revenue generated by the innovation. We characterize the equilibrium behavior, outcomes and …
Persistent link: https://www.econbiz.de/10010352434
destructive part of creative destruction is a social cost and therefore biases our estimate of the impact of the innovation on NNP …
Persistent link: https://www.econbiz.de/10010398601
Substantial elements of innovation have been observable during recent years in rig supply, in particular regarding …
Persistent link: https://www.econbiz.de/10010420719