Competitiveness has returned to the fore of European economic policymaking with a vengeance. In this paper, we scrutinize the recent debate on the need for promoting European competitiveness, as prominently diagnosed by the Draghi Report. By disaggregating the overall academic and...

This chapter presents a tractable framework for the study of technology adoption and diffusion in the context of economic development. Firms in countries behind the world technology frontier can rapidly adopt new techniques from the world frontier. Lower absorptive capacity (because of weak...

We examine the long-term labor market impact of the steam engine, an early general-purpose technology, by linking newly digitized 19th-century records from Prussia to modern German labor market data (1975-2019). Regions with a higher concentration of steam engines per worker in 1875 exhibit...

Die Europäische Datenstrategie sieht den Aufbau von Europäischen Datenräumen vor, die künftig den Austausch von Daten sowohl im öffentlichen als auch im privaten Sektor erleichtern sollen. Durch gemeinsame Leitlinien und Standards soll der Datenschutz gewahrt und das volle Potenzial der...

Industry 5.0 (IR5.0) represents a shift beyond the efficiency-driven logics of Industry 4.0, emphasizing human-centricity, resilience, and sustainability. To support this transition, this study repositions the Technology-Organization-Environment (TOE) framework by systematically mapping recent...

Objectives: We investigate the long-run impact of changes in prescription drug sales on mortality and hospital utilization in Belgium during the first two decades of the 21st century. Methods: We analyze the correlation across diseases between changes in the drugs used to treat the disease and...

This study examines whether a firm's business strategy - innovative vs. conservative - determines the extent to which a crisis impacts its performance. To explore this, the study calculates business strategy scores as a composite measure of six variables, where a high (low) score indicates an...

This paper reconstructs Joseph Schumpeter's major works to propose a coherent new departure point for analyzing economic and social change. I argue that Capitalism, Socialism and Democracy (1942) (CSD) marks a radical departure from Schumpeter's earlier attempts in The Theory of Economic...

We provide experimental evidence on how employers adjust expectations to automation risk in high-skill, white-collar work. Using a randomized information intervention among tax advisors in Germany, we show that firms systematically underestimate automatability. Information provision raises risk...

Objective: The study aims to map out and explore the body of knowledge related to the topic of entrepreneurial resilience in times of crisis. Research Design & Methods: We conducted a bibliometric analysis of publications selected from Scopus. In all, we identified 291 articles concerning...

Using data from China's A-share listed companies from 2010 to 2023, we employ the entropy weight method to create an enterprise-level new quality productive forces (NQPF) index to assess the impact of government subsidies on enterprises' NQPF. Our findings indicate that government subsidies can...

Corporate team unity and role clarity are crucial for organizational success and human resources. This study examines how job clarity affects employee performance and innovative work behavior (IWB) via organizational citizenship behavior (OCB). Additionally, to determine how artificial...

This study aims to examine the fundamental determinants of economic growth in G20 countries in the context of institutional structure, innovation, and education. The significance of the research lies in revealing that sustainable economic growth is shaped not only by traditional macroeconomic...

Venture capital (VC) is vital for innovation and economic growth, providing capital and networks to early-stage firms. While research shows a generally positive impact, challenges and failures are often overlooked, potentially creating a skewed perception of success. A review of 72 articles...

This paper studies how individuals sort into entrepreneurship and invention-related occupations and how their interactions shape innovation and economic growth. We develop an endogenous growth model in which occupational sorting jointly determines the supply of R&D talent and entrepreneurs'...

This study provides the first empirical evidence on the impact of innovation and firm growth on performance across G7 economies, using a unique panel dataset of 252 firms from 2020 to 2024. This study examines two core dimensions of firm performance-labor productivity and asset turnover-and...

Frame of the research: Sustainability has emerged as a strategic lever, particularly crucial for energy-intensive companies operating within the upstream level of supply chains. These companies have to address resource scarcity and complexity while upholding sustainability goals. Purpose of the...

The purpose of the article is to assess the integrity of the elements of innovation processes and to measure their efficiency based on the Schumpeter trilogy concept. The research was conducted with regard to European Union (EU) countries. The paper applies the partial least squares structural...

The digital economy has amplified the role of technological innovation in transforming financial services and business models. Patent data offer valuable insights into these dynamics, especially within the growing FinTech ecosystem. This study conducts a bibliometric analysis of academic...