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Habakkuk revisited: a history friendly model of American and British technology in the nineteenth century

Fontana, Roberto; Guerzoni, Marco; Nuvolari, Alessandro - 2008

-dynamics that gave rise to different patterns of innovation in the two countries. In particular, we suggest that different demand …

Persistent link: https://www.econbiz.de/10010266665

Penetrating the knowledge filter in the rust belt

Ács, Zoltán J.; Plummer, Lawrence A.; Sutter, Ryan - 2007

A new model of economic growth introduces the knowledge filter between new knowledge and economically useful knowledge. It identifies both new ventures and incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical work has shown that new firms are more proficient at...

Persistent link: https://www.econbiz.de/10010271770

The relationship among innovative output, productivity, and profitability: a test comparing USPTO and EPO data

Santarelli, Enrico; Lotti, Francesca - 2007

The aim of this paper is to test whether patent-based indicators are still reliable measures of innovativeness in light of organizational changes in the field of Intellectual Property Rights (IPR) protection and the regulatory reforms already under way respectively at the U.S. Patent and...

Persistent link: https://www.econbiz.de/10010263794

Financial signalling by innovative nascent entrepreneurs

Audretsch, David B.; Bönte, Werner; Mahagaonkar, Prashanth - 2009

innovation as well as the project´s feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …

Persistent link: https://www.econbiz.de/10010266651

Foundations of high impact entrepreneurship

Ács, Zoltán J. - 2008

issues will be cross classified with J23; those focusing on innovation and entrepreneurship will be cross classified with O31 … the questions this review covers the intersection of entrepreneurship with labor markets, innovation and capital …

Persistent link: https://www.econbiz.de/10010271790

High-tech immigrant entrepreneurship in the U.S.

Hart, David M.; Ács, Zoltán J.; Tracy, Spencer - 2009

In this study, we quantify the role of foreign-born founders in high-tech entrepreneurship in a nationally representative sample of rapidly growing high-impact companies. This class of companies drives job creation and aggregate growth in the U.S. We find that, while most previous studies have...

Persistent link: https://www.econbiz.de/10010271795

Disentangling the R&D shortfall of the EU vis-á-vis the US

Erken, Hugo; van Es, Frank - 2007

This paper investigates the causes of the shortfall in private R&D expenditure of the EU compared to the US. It shows that differences in the structure of the two economies play only a minor role in explaining the R&D gap. Instead, the European R&D shortfall is mainly caused by a negative...

Persistent link: https://www.econbiz.de/10010273763

The impact of government procurement composition on private R&D activities

Slavtchev, Viktor; Wiederhold, Simon - 2011

This paper addresses the question of whether government procurement can work as a de facto innovation policy tool. We … develop an endogenous growth model with quality-improving in-novation that incorporates industries with heterogeneous … innovation sizes. Government de-mand in high-tech industries increases the market size in these industries and, with it, the in …

Persistent link: https://www.econbiz.de/10010286456