Productivity differences across firms and countries are surprisingly large and persistent. Recent research reveals that the country-level distributions of productivity and quality of management are strikingly similar, suggesting that management practices may play a key role in the determination...

Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...

Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...

Knowledge and innovations are considered to be among the most important factors that determine the pace and quality of economic growth. Therefore, Poland is facing a serious challenge to effectively transform its economy into an innovative economy capable of competing with the most developed...

This study examined the non-linear relationship between financial development and innovation using generalized method of moments (GMM) estimators for a panel data model. The sample comprised data for 75 developed and developing countries for the period 1996 to 2010. An inverted U-shaped...

The main aim of the paper is to assess the innovation gap between the national innovation systems (NIS) of the European Union (EU) and the average level of innovation of EU economies. The study takes into account NIS identified in the literature, i.e., (a) developed systems and (b) developing...

The growing importance of innovation in the modern economy has revived the interest of economic sciences in studies on the mechanisms that govern innovation and its impact on economic development. This growth of interest induced the concept of the national system of innovation (NSI), which...

We examine the timing and quality of product introduction in an R&D stopping game, where we allow for horizontal and vertical differentiation in the product market. We observe that discontinuous changes in introduction dates can occur as firms' abilities as researchers change. Further, when the...

This paper sets out to extend and deepen the understanding the ways toward economic sustainability through efficient and effective growth operations strategies, quality management and operational excellence in banking. In this study we define new quality management practices based on developed...

Early studies often found that offering economic incentives for undertaking prosocial and intrinsically motivated activities can crowd out motivation to perform these activities. More recent work highlights nuanced and important features related to whether crowding out (or substitution) is...