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relating to patenting, robust conclusions regarding the empirical consequences for technological innovation of changes in …
Persistent link: https://www.econbiz.de/10013226916
This paper studies how corporate research and development (R&D) investment affects labor mobility. We use employer-employee matched data in ordinary least squares and instrumental variables analyses to assess four hypotheses. R&D has no effect on worker retention, exit from employment, or...
Persistent link: https://www.econbiz.de/10012906454
Despite growing empirical evidence of the link between environmental policy and innovation, most economic models of … innovation in the energy sector. Ignoring induced technological change overstates the welfare costs of an optimal carbon tax …, as the effect of induced innovation on emissions and mean global temperature is small. Sensitivity analysis shows that …
Persistent link: https://www.econbiz.de/10013243611
technology, opportunity costs of research limit the role induced innovation can play. Moreover, since the backstop technology …
Persistent link: https://www.econbiz.de/10013216875
innovation and knowledge management and their impact on performance at the firm level for a number of countries. These studies … have been conducted using data drawn from innovation surveys combined with data from a number of other sources. The issue … illustrates the value of these surveys in improving our understanding of innovation in firms and raises a number of questions for …
Persistent link: https://www.econbiz.de/10012754241
outcome. The totality of possible outcomes drives the national innovation system and the returns to a particular successful … required to motivate investment attempting to turn them into an innovation. The alternative to a valuable proprietary … innovation is not the same innovation freely available but the unchanged generic technology. Growth is concentrated in any …
Persistent link: https://www.econbiz.de/10012757081
We estimate the effects of technology investments on the demand for skilled workers using longitudinally integrated employer-employee data from the U.S. Census Bureau's Longitudinal Employer-Household Dynamics Program infrastructure files spanning two Economic Censuses (1992 and 1997). We...
Persistent link: https://www.econbiz.de/10012760169
This paper makes the case that purposive, profit-seeking investments in knowledge play a critical role in the long-run growth process. First, we review the implications of neoclassical growth theory and the more recent theories of 'endogenous growth'. Then we discuss the empirical evidence that...
Persistent link: https://www.econbiz.de/10012763516
opportunities. The paper also provides new evidence on induced pharmaceutical innovation. In both cases we use the change in the … demographic structure of the market (measured by age structure and obesity prevalence) to test the induced innovation hypothesis … pharmaceutical innovation responds to aging- and obesity-induced changes in potential market size …
Persistent link: https://www.econbiz.de/10012750249
Migration outflows, especially of young people, may deprive an economy of entrepreneurial energy and innovative ideas. We exploit exogenous variation in emigration from Italian local labor markets to show that between 2008 and 2015 larger emigration flows reduced firm creation. The decline...
Persistent link: https://www.econbiz.de/10012839784