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...

This paper investigates the relationship between institutional and regulatory quality, and high-tech sector investment. Using data from 25 European Union (EU) countries from 2004 to 2019 (extended to 2023 for artificial intelligence-specific analyses), the study examines how institutional...

The way in which local public administration (LPA) drives innovation, develops sustainable infrastructure, and supports inclusive industrialization, shapes public perceptions of development and institutional legitimacy. This study analyzes how public investment, trust in municipal organizations,...

Artificial intelligence (AI) is increasingly recognised as a key driver of business innovation, yet its adoption among small and medium-sized enterprises (SMEs) varies considerably. This study examines whether AI Capital, defined as AI-related knowledge, skills and capabilities, is associated...

Corporate Opportunity Waiver (COW) laws permit firms to suspend fiduciary duties related to corporate opportunities. Fich, Harford, and Tran (2023) argue that these laws reduced firm innovation and lowered corporate valuation for research-intensive firms. However, we find that over 90% of the...

Against the backdrop of global energy transition and sustainable development, advancing the new energy industry has become a critical pathway for optimizing energy structures and achieving the dual carbon goals. However, while China's new energy sector has experienced rapid growth, it has also...

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...

This paper provides a non-technical and selective explanation of the theory of innovation and economic growth, in light of the 2025 Bank of Sweden Prize in Memory of Alfred Nobel, awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt. Their body of scholarship is critically evaluated, and the...

Background: This study examines how an organization's climate for innovation influences employees' affective workplace outcomes through the behavioral mechanism of the innovation process and the quality of Leader-Member Exchange relationships. Methods: Survey data were collected from 567...

The over-hyped Dot.com revolution bubbled and crashed at the end of the 1990s, leaving a largely unused physical and virtual infrastructure that eventually supported the rise of social media that did-indeed-transform life. Not necessarily in a good way. As Robert Gordon famously claimed, you can...

The economic and legal framework is transforming with the change in the globalization paradigm, accompanied by structural and quantitative changes in intellectual property assessment. This study aims to justify commercialization and analyze the innovation management of intellectual property as a...

We find that patents registered by multinational enterprises (MNEs) in tax havens help avoid taxes in the EU but fail to increase the total factor productivity (TFP) of EU-located group members. We conclude that many of those patents' prime purpose is not to make technology available and then...

This study examines how digital competencies, digital human resource management, and organizational culture influence the digital transformation of small and mediumsized enterprises (SMEs) in Lima, Peru. A quantitative, non-experimental, cross-sectional approach was applied to a sample of 307...

This study analyzes how Entrepreneurship Education Programs (EEPs) are discussed in the scientific literature, focusing on their relationship with social entrepreneurship, socioeconomic inclusion, sustainable development, and economic growth. The study adopts a narrative literature review with...

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 paper studies how World War I mortality shocks to British communities affected long-run innovation. Linking parish-level military deaths to universal patent data (1895-1979) and inventor records, we compare high- and low-mortality areas. A 10 percent increase in deaths reduces the...

This paper reviews the contributions of the 2025 Nobel Prize in Economics laureates, Joel Mokyr, Philippe Aghion and Peter Howitt, to our understanding of innovation-driven economic growth, situating their work within the broader evolution of modern growth theory and empirical evidence. It...

We quantify the contribution of firm-level technological change to skill demand and aggregate inequality in the presence of imperfect competition in the labor market. We show that skill-biased technological change increases both the firm-level skill ratio and the skill premium, while other...

This paper examines how proposed U.S. restrictions on international students would affect the nation's STEM workforce and long-run economic growth. Focusing on the most common pipeline from U.S. universities to the labor market, we show that international education is the principal mechanism by...

Fiscal transparency is a core pillar of open government, yet its implementation at the local level remains uneven. This study investigates how the Open Government Partnership (OGP) contributes to fiscal transparency as a form of public sector innovation through a comparative analysis of local...

This study investigates how skilled labor influences the development of the secondary sector in emerging economies, using China as a case study. We focus on the transitional process in which manufacturing growth shifts from labor-intensive expansion toward productivity-driven industrial...

In the modern globalized context, innovation represents a key driver of economic growth, while international trade plays an important role in fostering it. This study examines the relationship between the degree of trade openness and innovation performance across 27 EU member states over the...

This study examines administrative employees' perceptions of integrating Artificial Intelligence (AI) into the administration of Greek public universities. Using a cross-sectional online questionnaire administered across three universities (N = 127), we map perceptions across five domains: (i)...

Tourist destinations face increasing spatial, environmental, and social pressures. Therefore, it is necessary to direct the further development of tourism towards achieving overall balance, with a tendency to minimize all negative effects. One possible mechanism for establishing a harmonious...

We study the interconnection between the productivity and pricing effects of financial shocks. Combining administrative records on firm-level output prices and quantities with quasi-experimental variation in credit supply, we show that a tightening of credit conditions has a persistent, yet...

This study investigates how data science competencies, conceptualized as the micro-foundations of digital dynamic capabilities (DDCs), combine to influence the development of digital business capability (DBC). Using fuzzy-set qualitative comparative analysis (fsQCA), we examine configurations of...

Research and development (R&D) is a central driver of long-term economic growth, technological progress, and institutional capacity. Yet many African countries remain marginal in the global knowledge economy, with limited investment in science, technology, and innovation (STI) and weak research...

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...

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...