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In this paper we replicate most of the stylized facts characterizing the decline in business dynamism in the USA highlighted by Akcigit and Ates (2021) and provide an explanation of their emergence by means of a macroeconomic agent-based model populated by two types of firms: innovators who...
Persistent link: https://www.econbiz.de/10014469805
demand and of the innovation function, and with the extent of spillover effects. In terms of consumer surplus standard, the …
Persistent link: https://www.econbiz.de/10011522435
We introduce a model of product development in a firm. Our model describes the process as a multi-stage contest (i.e., race) with an endogenous length (with one stage or two stages) between two workers. We model the payments to workers from the new product using the normatively appealing Nash...
Persistent link: https://www.econbiz.de/10012841137
Does access to information and communication technologies (ICT) increase innovation? We examine this question by …
Persistent link: https://www.econbiz.de/10013315141
We attempt to formulate and explain two types of self-fulfilling prophecy, called the Pygmalion effect (if a supervisor thinks her subordinates will succeed, they are more likely to succeed) and the Galatea effect (if a person thinks he will succeed, he is more likely to succeed). To this...
Persistent link: https://www.econbiz.de/10010261169
The positive role of transformational leadership on productivity and mental well-being has long been established. Transformational leadership behavior may be particularly suited to navigate times of crisis which are characterized by high levels of complexity and uncertainty. We exploit...
Persistent link: https://www.econbiz.de/10014377408
We adopt a spatial econometric approach to estimate intra- and inter-industry productivity spillovers in total factor productivity transmitted through input-output relations in a sample of 13 OECD countries and 15 manufacturing industries. Both R&D spillovers as well as remainder,...
Persistent link: https://www.econbiz.de/10010264277
attracting innovative projects with a high earnings potential and innovation level. The effect is statistically significant and …
Persistent link: https://www.econbiz.de/10010291886
Encouraging innovation is an important part of environmental policy. A large literature in environmental economics … examines the links between environmental policy and innovation. This paper reviews recent literature on green innovation. I … different policy instruments on innovation. I include a discussion of the justifications and evidence for technology …
Persistent link: https://www.econbiz.de/10012018235
reaching the right tails of the firm size and innovation distributions. Furthermore, outcomes are better for startups matched …
Persistent link: https://www.econbiz.de/10012141061