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growth and convergence of an economy towards the world technology frontier. -- Growth ; skills ; innovation ; selection …
Persistent link: https://www.econbiz.de/10003782309
The current American economic decline is a result of fundamental flaws in the economic structure of the country. The flaws in financial markets and financial policy allowed negative economic trends to grow and fester under the Bush administration. The U. S. Congress contributed mightily to the...
Persistent link: https://www.econbiz.de/10014211077
innovation and a private sector, for-profit business model that implements the ideas on innovation and entrepreneurship …, primarily in metro regional economies.Radical innovation occurs when technology from two distinct industrial clusters are … crossed, resulting in an entirely new product. In contrast, sustaining innovation usually involves adding technological …
Persistent link: https://www.econbiz.de/10012710971
This introduction outlines some key aspects of an Austrian perspective on innovation, which is viewed as an ongoing … Austrian economics and innovation …
Persistent link: https://www.econbiz.de/10014100292
Can large-scale peer interaction foster entrepreneurship and innovation? We conducted an RCT involving almost 5 …
Persistent link: https://www.econbiz.de/10012149002
technology and innovation have created a plethora of new opportunities for small and medium-sized enterprises. This paper … narrative around the use of IT and social media for entrepreneurship in the future. …
Persistent link: https://www.econbiz.de/10011288743
We describe Germany's rise as an industrial power in the late 19th century through radical innovation and … entrepreneurship, and contrast this with the post-World War II period. This latter period, although it contained the German economic … miracle, was nevertheless a period during which innovation slowed down - a somewhat surprising conclusion, but consistent with …
Persistent link: https://www.econbiz.de/10013414364
We study the impact of alternative innovation policies on the short- and long-run performance of the economy, as well … consider market-based innovation policies such as R&D subsidies to firms, tax discount on investment, and direct policies akin … allocated to market-based interventions, “Mission” innovation policies deliver significantly better aggregate performance if the …
Persistent link: https://www.econbiz.de/10012520256
Innovative entrepreneurship is seen as a central driver of economic growth. Lawmakers around the world have attempted … to use law to foster such entrepreneurship. Yet, frequently law is described as the enemy of entrepreneurs. This paper …, and enabling - that law can play to foster entrepreneurship. Part II develops a comprehensive framework for crafting laws …
Persistent link: https://www.econbiz.de/10012721341
This paper builds on an analytical tool for studying entrepreneurship in a new classical general equilibrium framework … show that different subgame perfect equilibria arise depending on whether the venture idea (innovation) is production …
Persistent link: https://www.econbiz.de/10014184832