ABSTRACT Following a market-oriented approach, policies aimed at increasing labour flexibility by weakening employment protection institutions should enable firms to efficiently allocate resources, improve their capability to compete on international markets and adjust to economic cycle. This work documents the rise of non-standard (i.e. temporary and part-time) work in five European countries (Germany

ABSTRACT This paper examines how intangible assets contribute to firm-level productivity in the small open economies of Denmark and Finland from 2000 to 2013. We examine whether the role of intangible assets has changed over time, from the period of fairly stable growth prior to the crisis in 2008 to the more difficult period of recovery afterwards where intangible capital deepening decreased in 2008–2013

ABSTRACT This paper extends and refines the concept of ICT-driven skills-biased technological change by disentangling the effects of information technologies (IT) and communication technologies (CT). Guided by the theory that IT and CT differently affect firms' production processes, we investigate the complementarities between these two distinct technologies and workers' levels of education in affecting

ABSTRACT Metrology is the study of measurement science. Publicly funded outputs from measurement science have public good characteristics, and thus scholars have previously investigated the economic impact of such outputs on aggregate productivity as a first look at the impact of such public funds on economic activity. This study is the first to explore the relationships between one output from measurement

ABSTRACT This paper studies the economic implications of automation. We consider that automation is affected by disruptive technologies which entail a structural change consisting in the introduction of a new physical capital input (a combination of artificial intelligence and autonomous robots), additional to ‘traditional’ capital assets and labor. This new ‘automatic’ physical capital is assumed

ABSTRACT In the last few decades, the role of institutions has received renewed attention as a key factor to foster regional growth and innovative performance, raising researchers’ interest in assessing the mechanisms through which the institutional framework could affect innovation. This paper, by focusing attention to the Emilia-Romagna context, empirically investigates the effects on innovative

ABSTRACT To survive and grow public Research and Development (R&D) centres need to raise competitive funds (Bazeley 1998 Bazeley, P. 1998. “Peer Review and Panel Decisions in the Assessment of Australian Research Council Projects Grant Applications: What Counts in a Highly Competitive Context?” Higher Education 35 (4): 435–452. doi:10.1023/A:1003118502318.[Crossref], [Web of Science ®] , [Google Scholar];

ABSTRACT Using extensive manually collected data on granted patents, this study examines the effects of the degree of a firm’s information asymmetry on corporate innovation in the Korean market, which is characterized by weak transparency and active firm innovation. Based on four measures of information asymmetry, we find that the quality of information about a firm has a positive influence on its

ABSTRACT Evidence shows that training can increase product innovation. Yet in most studies survey design omits the differentiation between ‘new' and ‘improved' technical innovation. Thus, our objective is to quantify the impact of training on product and process innovation, especially in terms of new versus improved innovations. We use a national, establishment level, mandatory survey, explicity designed

ABSTRACT Taking advantage of an original firm-level survey carried out by the Banque de France, we empirically investigate how the employment of ICT specialists (in-house and external) and the use of digital technologies (cloud and big data) have an impact on firm productivity and labor share. Our analysis relies on the survey responses in 2018 of 1,065 French firms belonging to the manufacturing sector

ABSTRACT After a number of AI-winters, AI is back with a boom. There are concerns that it will disrupt society. The immediate concern is whether labor can win a ‘race against the robots’ and the longer-term concern is whether an artificial general intelligence (super-intelligence) can be controlled. This paper describes the nature and context of these concerns, reviews the current state of the empirical

ABSTRACT Although the climate challenge requires proactive policies that spur innovation in the renewable energy sector, various countries commit vastly different levels of support for renewable energy R&D. This paper addresses the question why this may be the case. Specifically, the objective is to analyse the determinants of government support to renewable energy R&D in the European Union (EU), and

ABSTRACT The new information age and the phenomena of digitalization and automation make investments in research and development (R&D) indispensable for economic and social progress. Meanwhile, increased inequality within countries and its effects on advanced countries is one of the consequences of the recent turbulences in the global economy. These two dynamics open debates around the still-unresolved

ABSTRACT Who leads the robotisation race in Europe? For the answer, this paper develops a novel analytical framework, primarily by applying the concept of the global value chain to robotisation. By doing this, we investigate in detail the entire robotisation chain, from robotics developers over robot manufacturers to companies that deploy the industrial robots. For the R&D-intensive part of the chain

ABSTRACT This work investigates whether different demand sources (i.e. demand for the firms’ output from households, other firms and the public sector) have different effects on firms’ employment growth and whether the growth effects of the demand sources vary by the firms’ innovation/knowledge characteristics. Relying on a representative sample of Italian companies observed between 2012 and 2017,

ABSTRACT This article develops a modeling framework for growth and innovation in which accumulation dynamics of knowledge and R&D are explicitly considered. The framework is based on a more general knowledge production process than commonly used in Endogenous Growth Theory and R&D productivity literatures, reconciling as special cases disparate analytical approaches. The proposed model of knowledge

ABSTRACT Existing evidence on the impact of R&D on productivity is heterogenous and does not address the question of whether different types of R&D are complements or substitutes. The aim of this research is to open the R&D black box by providing fresh insights about how different R&D types affect productivity in different industrial and technological contexts in the UK. The model adopted allows for

ABSTRACT Scholars examining the effect of knowledge spillovers on R&D and innovation all agree on one thing – there is a strong relationship between the firm's R&D effort and knowledge spillover. The sign of this relationship depends, however, on many things, such as the type of spillovers (horizontal, vertical, or from other sources), the level of appropriability, the type of firm (e.g. age and sector)

ABSTRACT Based on the resource-based view that identifies both CSR and innovation as resourceful and competitive advantage-generating activities, the current paper examines the effect of innovation spending on corporate social responsibility (CSR) decisions and how this relationship is affected by state ownership. Using firm-level data on India’s manufacturing sector from 2014 to 2016, the study examines

ABSTRACT What are the best proxies for innovation and do the best proxies vary by type of region? A commonly used and easily obtained measure is patenting, but there may be disadvantages to using it exclusively. We compare patents to 39 alternative innovation measures in terms of how they perform across tradeable urban and rural establishments. Data are from the USDA’s 2014 National Survey of Business

ABSTRACT Technology-based firms use intellectual property protection mechanisms (IPPMs) to appropriate the returns to their research investments. The empirical literature has generally focused on the use of IPPMs by private sector firms to appropriate the returns to their privately financed R&D-based technologies. To date, studies have not considered the use of IPPMs by private sector firms whose research

ABSTRACT The availability of resources is paramount for innovation in women-led firms. We define a women-led firm where a chief executive officer (CEO) is a woman. We examine how nature – a pervasive and arbitrary type of institutional environment as well as access to resources is associated with different propensity to innovate between women and men-led firms. Using micro-level cross-country data

ABSTRACT Initial coin offerings (ICOs) are one of the major innovations that characterize the digital revolution of financial markets. Among the expectations created by the digital revolution is the democratization of entrepreneurial finance, defined in terms of the creation of more equality regarding the access to financial resources by categories known to be underrepresented among potential entrepreneurs

ABSTRACT Ongoing academic debates demand a better understanding of the effect of workforce diversity (not only top managers) on unexplored outcomes (not only financial performance). We proposed/tested a conceptual model that theorizes the moderate role of workforce demographics corporate venturing drivers by adopting different theoretical approaches. Using a sample of 17217 employees across 20 countries

ABSTRACT Whereas the impact of entrepreneurial universities is rather well understood, the underlying mechanisms that foster and accelerate university innovation outcomes are much less clear. Besides institutional factors, especially individual characteristics of scientists may decisively influence the quality of university outcomes. The purpose of this paper is to investigate the impact of gender

ABSTRACT We investigate whether and how positions in the characteristics space influence technological adoption and how price levels are affected; furthermore we assess the effects of policy interventions. In an industry where a central firm competes with two peripheral/niche ones, two technologies are available: one with low marginal and high fixed costs and one with opposite pattern. The central

ABSTRACT This study provides a theoretical framework and empirical evidence to argue that a knowledge management process under the open innovation paradigm brings a viable solution for firms, especially those in transition economies, to acquire valuable knowledge-based dynamic capabilities to respond to environmental changes and achieve desirable organizational performance. These knowledge-based capabilities

ABSTRACT In this paper, we evaluate the private incentive to cooperate comparing three different scenarios (R&D cooperation, and R&D competition with and without licensing), in terms of expected profits, industry probability of innovation, and expected welfare. We show that the feasibility of licensing increases the appropriability of returns and may stimulate R&D investment; moreover, licensing an

ABSTRACT We explore the implications of geographic distance between founders and backers for reward-based crowdfunding. We argue that the development of crowdfunding platforms in the past decade has expanded significantly the network of entrepreneurs by attracting long-distance supporters. Using projects from Kickstarter during a four-week period, we found that geographic distance increased the number

ABSTRACT This article aims to evaluate the impact of public venture capital (VC) initiatives in the form of government-subsidized participative loans on the future growth of technology-based start-ups. We also analyze the role of the business cycle at the time of birth in firms’ growth potential. To do this, we take advantage of a unique data set on Spanish technology-based start-ups that includes

ABSTRACT The objective of this study is to identify the effect of public funding instruments on the innovation expenditure intensity, percentage of innovative sales, and the number of intellectual property rights (IPRs) applications performed by Chilean firms using pseudo-panel data. Given the lack of panel data to perform this type of evaluation for a long period, repeated cross-sectional data of

ABSTRACT We review the theoretical underpinnings and the empirical findings of the literature that investigates the effects of innovation on firm survival and firm productivity, which constitute the two main channels through which innovation drives growth. We aim to contribute to the ongoing debate along three paths. First, we discuss the extent to which the theoretical perspectives that inform the