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Contests between groups are plagued by intra-group externalities (freeriding). Yet, costless incentive schemes that entirely avoid free-riding within a group might not be desirable, neither individually nor socially. In contests among two groups, a relatively weak (i.e., small or unproductive)...
Persistent link: https://www.econbiz.de/10008653415
This paper sheds light on how changes in the organization of work can help to understand increasing wage inequality. We present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage premium. Since abilities and opportunities to expand the...
Persistent link: https://www.econbiz.de/10009765032
Persistent link: https://www.econbiz.de/10009763540
linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 … predictive power on future innovation after 1995. This pattern is consistent with the idea that when there is more past upstream …
Persistent link: https://www.econbiz.de/10011557905
Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This …
Persistent link: https://www.econbiz.de/10010506325
emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U ….S. patents matched to corporate owners, we quantify how foreign competition affects domestic innovation. Rising import exposure …
Persistent link: https://www.econbiz.de/10012105572
This paper reviews selected fiscal policy initiatives undertaken by US states to encourage job creation and innovation … creating jobs and spurring innovation. The paper concludes with four other considerations need to be taken into account in …
Persistent link: https://www.econbiz.de/10013473649
expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channel in a new …
Persistent link: https://www.econbiz.de/10003791799
innovation accounts for a substantial portion of recent increases in U.S. life expectancy. Baker and Fugh-Berman claim that my … literature. Baker and Fugh-Berman express deep skepticism about my study's conclusion that medical innovation has played a very …
Persistent link: https://www.econbiz.de/10003861794
innovative activity in traditional industries such as pulp and paper. -- incremental innovation, ICT investments, modernization …
Persistent link: https://www.econbiz.de/10003850304