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We identify the impact of local firm concentration on incumbent performance with a quasi natural experiment. When Germany was divided after World War II, many firms in the machine tool industry fled the Soviet occupied zone to prevent expropriation. We show that the regional location decisions...
Persistent link: https://www.econbiz.de/10008628324
European nations substitute between employment protection regulations and labor market expenditures (e.g., unemployment insurance benefits) for providing worker insurance. Employment regulations more directly tax firms making frequent labor adjustments than other labor insurance mechanisms....
Persistent link: https://www.econbiz.de/10008624615
indicate that increases in the share of a firm's innovation performed by inventors of a particular ethnicity are associated …
Persistent link: https://www.econbiz.de/10009251495
High-skilled immigrants are a very important component of U.S. innovation and entrepreneurship. Immigrants account for … home country remains unclear. We know very little about return migration of workers engaged in innovation and …
Persistent link: https://www.econbiz.de/10010692226
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010745637
We review the recent literature on the financing of innovation, inclusive of large companies and new startups. This … related to innovation. We highlight the new literature on learning and experimentation across multi-stage innovation projects … innovation and changing external conditions, especially reduced experimentation costs. …
Persistent link: https://www.econbiz.de/10011071740
European nations substitute between employment protection regulations and labor market expenditures (e.g., unemployment insurance benefits) for providing worker insurance. Employment regulations more directly tax firms making frequent labor adjustments than other labor market insurance...
Persistent link: https://www.econbiz.de/10011106047
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010641727
to fostering innovation. …
Persistent link: https://www.econbiz.de/10010969384
This study examines the role of the Indian diaspora in the outsourcing of work to India. Our data are taken from oDesk, the world's largest online platform for outsourced contracts, where India is the largest country in terms of contract volume. We use an ethnic name procedure to identify ethnic...
Persistent link: https://www.econbiz.de/10010950885