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Race Meets Bargaining in Product Development

Karagözoglu, Emin; Keskin, Kerim; Saglam, Cagri - 2020

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/10012179908

Religious Tolerance as Engine of Innovation

Cinnirella, Francesco; Streb, Jochen - 2017

We argue that, for a given level of scientific knowledge, tolerance and diversity are conducive to technological creativity and innovation. In particular, we show that variations in innovation within Prussia during the second industrial revolution can be ascribed to differences in religious...

Persistent link: https://www.econbiz.de/10011794136

Military Spending and Innovation: Learning from 19th Century World Fair Exhibition Data

Danzer, Alexander M.; Danzer, Natalia; Feuerbaum, Carsten - 2023

We provide quantitative evidence on the relationship between military spending and innovation in the 19th century. Combining innovation data from world fairs and historical military data across Europe, we show that national military spending is associated with national innovation towards war...

Persistent link: https://www.econbiz.de/10014290257

Military Spending and Innovation : Learning from 19th Century World Fair Exhibition Data

Danzer, Alexander; Danzer, Natalia; Feuerbaum, Carsten - 2023

Persistent link: https://www.econbiz.de/10014358399

Information, coordination, and the industrialization of countries

Englmaier, Florian; Reisinger, Markus - 2006

appropriate information provision enhances efficiency. We discuss extensions of the model and argue that subsidies may be a … property of a signalling equilibrium to overcome credibility problems in information provision. In addition we point out … possible problems with overreaction to public information. Furthermore, we suggest a new focus for development policy. …

Persistent link: https://www.econbiz.de/10010261419

Innovation Network

Acemoglu, Daron; Akcigit, Ufuk; Kerr, William R. - 2016

Technological progress builds upon itself, with the expansion of invention in one domain propelling future work in linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its strength. Past innovation network structures are...

Persistent link: https://www.econbiz.de/10011584872

Global Collaborative Patents

Pekkala, Sari; Kerr, William R. - 2016

We study the prevalence and traits of global collaborative patents for U.S. public companies, where the inventor team is located both within and outside of the United States. Collaborative patents are frequently observed when a corporation is entering into a new foreign region for innovative...

Persistent link: https://www.econbiz.de/10011584882

Immigrant Entrepreneurship

Pekkala, Sari; Kerr, William R. - 2016

We examine immigrant entrepreneurship and the survival and growth of immigrant-founded businesses over time relative to native-founded companies. Our work quantifies immigrant contributions to new firm creation in a wide variety of fields and using multiple definitions. While significant...

Persistent link: https://www.econbiz.de/10011584896

Global Talent Flows

Pekkala, Sari; Kerr, William R.; Özden, Caglar; … - 2016

of global talent will be critical to their success. …

Persistent link: https://www.econbiz.de/10011584902

High-Skilled Migration and Agglomeration

Pekkala, Sari; Kerr, William R.; Özden, Caglar; … - 2016

This paper reviews recent research regarding high-skilled migration. We adopt a data-driven perspective, bringing together and describing several ongoing research streams that range from the construction of global migration databases, to the legal codification of national policies regarding...

Persistent link: https://www.econbiz.de/10011584940

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