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Culture, institutions and the wealth of nations

Gorodnichenko, Yuriy; Roland, Gerard - 2010

-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …

Persistent link: https://www.econbiz.de/10010274699

Co-determination and innovation

Kraft, Kornelius; Stank, Jörg; Dewenter, Ralf - 2009

This paper examines the effect of the German co-determination law of 1976 (MitbestG) on the innovative activity of German firms. Co-determination applies to firms with 2000 employees or more. Data from 1971-1976 and 1981-1990 on 148 firms are used to compare the number of patents granted to...

Persistent link: https://www.econbiz.de/10010288477

Social capital, innovation and growth: evidence from Europe

Akçomak, I. Semih; ter Weel, Bas - 2008

This paper investigates the interplay between social capital, innovation and per capita income growth in the European … Union. We model and identify innovation as an important mechanism that transforms social capital into higher income levels …. In an empirical investigation of 102 European regions in the period 1990-2002, we show that higher innovation performance …

Persistent link: https://www.econbiz.de/10010277206

How much does immigration boost innovation?

Hunt, Jennifer; Gauthier-Loiselle, Marjolaine - 2009

We measure the extent to which skilled immigrants increase innovation in the United States by exploring individual …

Persistent link: https://www.econbiz.de/10010269300

Coordination under the shadow of career concerns

Koch, Alexander K.; Morgenstern, Albrecht - 2009

To innovate, employees need to develop novel ideas and coordinate with each other to turn these ideas into better products and services. Work outcomes provide signals about employees' abilities to the labor market, and therefore career concerns arise. These can both be 'good' (enhancing...

Persistent link: https://www.econbiz.de/10010271239

Defensive Innovations

Koeniger, Winfried - 2002

Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less-developed countries does not necessarily induce a substantial increase in the wage differential and trade volumes. Building on step-by-step innovations as introduced by Aghion...

Persistent link: https://www.econbiz.de/10010262794

An empirical model of growth through product innovation

Lentz, Rasmus; Mortensen, Dale T. - 2005

through innovation that explains these facts. The model is a modified version of the Schumpeterian theory of firm evolution …

Persistent link: https://www.econbiz.de/10010267364

Financial constraints and innovation: why poor countries don't catch up

Gorodnichenko, Yuriy; Schnitzer, Monika - 2010

's innovation and export activities, using unique firm survey data which provides direct measures for innovations and firm … export and innovation activities to become substitutes although they are generally natural complements. …

Persistent link: https://www.econbiz.de/10010269463

Welfare Analysis in a Schumpeterian Growth Model with Capital

Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001

In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...

Persistent link: https://www.econbiz.de/10010262488

The nexus between labor diversity and firm's innovation

Parrotta, Pierpaolo; Pozzoli, Dario; Pytlikova, Mariola - 2012

In this paper we investigate the nexus between firm labor diversity and innovation using a linked employer … and demographic characteristics to valuable firm's innovation activity. The latter is measured by: (1) the firm … firm's innovation outcomes. …

Persistent link: https://www.econbiz.de/10010289952