The efficiency of the German economy is powered by its knowledge-intensive industrial and services sectors. Yet the use of knowledge capital to drive innovation and productivity in Germany is rather low compared to other European countries and the United States. Germany is clearly lagging...

The purpose of this paper is to explore the relationship between an entrepreneur's experience and education and his/her reliance on alternative sources of knowledge for exploring new business opportunities. The extant literature that is at the crossroads between sources of knowledge and the...

The high external financing costs for innovating firms may have considerably suppressed the U.S. economy by discouraging R&D. Estimating a dynamic model of investment and capital structure with the simulated method of moments, I quantify the potential economic benefits that would be achieved by...

We present a sticky-wage model with two types of labors: while worker's labor contributes to current production, researcherís work helps develop new ideas to add to firm's knowledge capital that enhances its productivity for many periods. The long-lived effect of knowledge capital on...

The purpose of this paper is to show the influence of knowledge dynamics processes upon the intellectual capital in organizations. In the literature, the authors focus on knowledge dynamics and knowledge management or intellectual capital but very few papers discuss the influence of knowledge...

The developments in the bioeconomy area should reflect their usefulness regarding the provision of sustainable solutions for future competitiveness growth by using mainly natural resources. Nowadays the relevance of education, training and research in bioeconomy domain is obvious because these...