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Titlebook: Entrepreneurship, the New Economy and Public Policy; Schumpeterian Perspe Uwe Cantner,Elias Dinopoulos,Robert F. Lanzillotti Conference pro

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https://doi.org/10.1007/978-3-663-04482-6nventional finance, based on the Fisher-Hirshleifer analysis, is defined as postponed consumption and investment is defined as a trade-off between consumption now and in the future. This paper argues that a more satisfactory explanation of the relationship between investment and capital was develope
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Die Buchen-Wolllaus, Chermes fagi Kltb,oral level, such qualitative transformations become manifest as variations in the sectoral composition of production. Following the implementation of Harberger’s method of visualizing the impact of differential productivity growth, dynamic panel estimations are applied to a standard growth model mod
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https://doi.org/10.1007/978-3-662-36299-0t and labor markets. We describe vacancy and wage setting, matching and bargaining, demand and price formation as endogenous processes. Firms enjoy labor productivity improvements and are selected in the product market. Simulations show that: (i) the model is able robustly to reproduce Beveridge, Wa
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https://doi.org/10.1007/978-3-322-99144-7 evolutionary model of growth where the growth variables of each country are microfounded on the dynamics of national firms. The model finds its antecedents in some of the evolutionary models of economic growth developed over the past years. We claim that evolutionary models are able to account for
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https://doi.org/10.1007/978-3-642-99435-7 a descriptive and an econometric part. The German innovation system has generally been very stable, even though it witnessed several political changes over the past century. This allows a comparison of the period 1850–1913 with 1951–1999. In the first period, the overall empirical results indicate
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Conference proceedings 2005alley in order to build their own high-tech economies. The existing literature on ind- trial clusters, which traces back to Marshall (1920), focuses on the way in which ?rms bene?t from locating in a cluster; it suggests that once a cluster comes into existence, it tends to reinforce itself by attra
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