Given their role in the current transformation of advanced economies, information and communication technologies (ICTs) offer the promise of new business and employment opportunities along with higher productivity gains, but also make new demands on skills. OECD countries are thus confronted...

Given their role in the current transformation of advanced economies, information and communication technologies (ICTs) offer the promise of new business and employment opportunities along with higher productivity gains, but also make new demands on skills. OECD countries are thus confronted...

Open innovation has received a lot of attention in the business management literature and recently also in policy discussions. Until now, most of the empirical evidence has been based on case study work offering detailed insights into some best practices of open innovation in companies’...

This paper presents a new model of endogenous wage and capital dispersion where heterogeneity is driven by entrepreneurial incentives to pay higher wages in order to attract and retain workers. The main contribution of this model is to provide a framework with microeconomic foundations that give...