), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge … intensive services benefit from innovation activities in the sense that these activities causally increase their labor …

), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge … intensive services benefit from innovation activities in the sense that these activities causally increase their labor …

well as growthoriented outcomes such as job creation and innovation. We find statistically significant and economically … stronger when focusing on the growth-oriented outcome of innovation. Furthermore, we observe that generalized self-efficacy is …

entrepreneurship research. In this context, we investigate whether the motives of becoming an entrepreneur influence the subsequent … job creation, expansion and innovation activities for up to 40 months after business formation. Using self …, the higher they score on this index. Effects are particularly strong for growth oriented outcomes like innovation and …

Entrepreneurs, creators of new firms, are a rare species. Even in innovation-driven economies, only 1-2% of the work … competitiveness of the economy and may establish new jobs. The gains of entrepreneurship are only realized, however, if the business … environment is receptive to innovation. In addition, policymakers need to prepare for the potential job losses that can occur in …