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Demography and Innovative Entrepreneurship

Bönte, Werner; Falck, Oliver; Heblich, Stephan - Max-Planck-Institut für Ökonomik <Jena> - 2007

Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...

Persistent link: https://www.econbiz.de/10005864516

Can Institutional Change Impact High-Technology Firm Growth?: Evidence from Germany's Neuer Markt

Elston, Julie Ann; Audretsch, David B. - Max-Planck-Institut für Ökonomik <Jena> - 2004

and innovation within the German economy... …

Persistent link: https://www.econbiz.de/10005865223

Innovation Networks of High Tech SMES: Creation of Knowledge but no Creation of Value

Winters, Rob; Stam, Erik - Max-Planck-Institut für Ökonomik <Jena> - 2007

This paper analyses the effects of innovation networks on product and pro-cess innovation and sales growth of high … technology SMEs. Innovation net-works are positively related to both product and process innovation, i.e. know-ledge creation …. One exception is the negative effect of innovation networks with suppliers on product innovation. Older SMEs are more …

Persistent link: https://www.econbiz.de/10005864581

Penetrating the Knowledge Filter in "Rust Belt" Economies

Ács, Zoltán; Plummer, Lawrence A.; Sutter, Ryan - Max-Planck-Institut für Ökonomik <Jena> - 2008

A new model of economic growth introduces the knowledge filter between new generic knowledge and economically-useful knowledge. It identifies both the formation of new ventures and the absorptive capacity of incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical...

Persistent link: https://www.econbiz.de/10005864503

Penetrating the Knowledge Filter in the Rust Belt

Acs, Zoltán J.; Plummer, Lawrence A.; Sutter, Ryan - Max-Planck-Institut für Ökonomik <Jena> - 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/10005864529

Employment effects of business dynamics:Mice, Gazelles and Elephants

Acs, Zoltán J.; Mueller, Pamela - Max-Planck-Institut für Ökonomik <Jena> - 2006

This paper examines the relationship between business dynamics and employmenteffects in 320 U.S. Metropolitan Statistical Areas (MSA). Much of the theoretical workon industry dynamics focuses on the role of noisy selection and incomplete informationon entry and survival. We extend this research...

Persistent link: https://www.econbiz.de/10005864873

Job Creation and Persistence in Services and Manufacturing

Armington, Catherine; Acs, Zoltán J. - Max-Planck-Institut für Ökonomik <Jena> - 2003

An important new literature on gross employment flows has produced a great outpouring of stylized facts. In this paper we examine one aspect of this literature through the lens of dynamic models and theories of industrial evolution. We extend the Davis and Haltiwanger methodology for analysis of...

Persistent link: https://www.econbiz.de/10005865251

Entrepreneurship and Innovation Policy

Stam, Erik - Max-Planck-Institut für Ökonomik <Jena> - 2008

What is meant by entrepreneurship, innovation and economic growth is often not clear or very idiosyncratic. This paper … starts with a discussion of the nature of entrepreneurship and its relation to innovation. The second section provides an … overview of theory and empirical research on the relation between entrepreneurship, innovation and economic growth. The paper …

Persistent link: https://www.econbiz.de/10005864511

Do We Need National Champions? If So, Do We Need a Champions-Related Industrial Policy? An Evolutionary Perspective

Falck, Oliver; Heblich, Stephan - Max-Planck-Institut für Ökonomik <Jena> - 2007

This paper discusses the role of so-called national champions within the context of the EU's ambitious goal to become the most competitive and dynamic knowledge-based economic region in the world by 2010. We find football to be a useful analogy in our discussion of national champions. There are...

Persistent link: https://www.econbiz.de/10005864512

Beyond the Knowledge Production Function : The Role of R&D in a Multi-faceted Innovative Process

Catozzella, Alessandra; Vivarelli, Marco - Max-Planck-Institut für Ökonomik <Jena> - 2007

innovative inputs on a sample of 3045 manufacturing firms drawn from the third Italian Community Innovation Survey (1998 …-2000). The interactions between four different sources of innovation - internal and external R&D, embodied and disembodied … complementarity and substitutability relationships, de-pending both on the typology of the targeted innovation output and on the …

Persistent link: https://www.econbiz.de/10005864513