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on Small Business Management |
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Issue of 2024‒05‒06
twenty papers chosen by |
| By: | Mekki Sara (EPSYLON - Dynamique des capacités humaines et des conduites de santé - UPVM - Université Paul-Valéry - Montpellier 3, University of Algiers 3 : Université d' Alger 3) |
| Abstract: | From the beginning of the industrial revolution, several economists such as J.B.Say, Schumpeter or Kenneth Arrow linked entrepreneurship and innovation. The entrepreneur is not only a source of wealth but a source of economic growth.The Algerian Government, aware of the importance of entrepreneurship, has established a new system and new national economic policy focused on innovation, now the priority subsidies were for the creation of businesses that demonstrate a form of innovation. This article aims to study the relationship between entrepreneurship, innovation and the role of female entrepreneurs in this new impetus for the national economy by studying a random of 100 companies working in the field of High Tech , start-up and innovation. |
| Keywords: | innovation female entrepreneurship economic growth national economic policy. JEL Classification Codes: J78 O32, innovation, female entrepreneurship, economic growth, national economic policy. JEL Classification Codes: J78, O32 |
| Date: | 2023–12–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04510952&r=sbm |
| By: | Cavalcanti, T.; Mohaddes, K.; Nian, H.; Yin, H. |
| Abstract: | This paper investigates the long-run effects of prolonged air pollution on firmlevel human capital, knowledge and innovation composition. Using a novel firm-level dataset covering almost all industrial firms engaged in science and technology activities in China, and employing a regression discontinuity design, we show that prolonged pollution significantly diminishes both the quantity and the quality of human capital at the firm level. More specifically, we show that air pollution affects firm-level human capital composition by reducing the share of employees with a PhD degree and master’s degree, but instead increasing the share of employees with bachelor’s degree. Moreover, the difference in the composition of human capital materially change the knowledge and innovation structure of the firms, with our estimates showing that pollution decreases innovations that demand a high level of creativity, such as publications and inventions, while increasing innovations with a relatively low level of creativity, such as design patents. Quantitatively, on the intensive margin, one μg/m 3 increase in the annual average PM 2.5 concentration leads to a 0.188 loss in the number of innovations per R&D employee. Overall, we show that air pollution has created a gap in human capital, knowledge, and innovation between firms in the north and south of China, highlighting the importance of environmental quality as a significant factor for productivity and welfare. |
| Keywords: | Pollution, human capital, knowledge, innovation, China |
| JEL: | O15 O30 O44 Q51 Q56 |
| Date: | 2023–01–03 |
| URL: | http://d.repec.org/n?u=RePEc:cam:camjip:2301&r=sbm |
| By: | MASSINI Silvia; PISCITELLO Lucia; SHEVTSOVA Yevgeniya (European Commission - JRC) |
| Abstract: | Recent empirical studies show that firms that simultaneously engage in export/import and internal R&D activities experience stronger productivity benefits with respect to their domestically oriented counterparts. This analysis extends the scope of these studies to explore complementary effects on productivity of engaging in all three activities (i.e. import, export and internal R&D) simultaneously in the context of emerging market firms. The results indicate that emerging markets firms benefit from complementarities stemming from the assimilation and integration of knowledge from external sources (import and export) with internal knowledge (own R&D investment). The effect is more pronounced for private enterprises, especially when they trade with partners from advanced markets. |
| Date: | 2024–02 |
| URL: | http://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc136621&r=sbm |
| By: | Hanis Diyana Kamarudin ("School of Information Science, College of Computing, Informatics, and Mathematics, UiTM Selangor Branch, Puncak Perdana Campus, 40150 Shah Alam, Selangor, Malaysia " Author-2-Name: Author-2-Workplace-Name: "School of Information Science, College of Computing, Informatics, and Mathematics, UiTM Selangor Branch, Puncak Perdana Campus, 40150 Shah Alam, Selangor, Malaysia " Author-3-Name: Author-3-Workplace-Name: "School of Information Science, College of Computing, Informatics, and Mathematics, UiTM Selangor Branch, Puncak Perdana Campus, 40150 Shah Alam, Selangor, Malaysia " Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:) |
| Abstract: | "Objective - This study assesses the effectiveness of Business Continuity Plans (BCPs) and records management practices within small and medium-sized enterprises (SMEs) in Selangor. The primary objective is to determine the integration of records management into BCPs and identify the current development stage in SMEs' processes. Methodology/Technique - The research comprehensively examines Selangor SMEs' BCPs and records management practices. This multiple case study investigated the extent to which Small and Medium Enterprises (SMEs) in Selangor implemented business continuity management. Through document reviews and interviews with business owners and continuity managers, the study examined the integration of records management within continuity plans and assessed the impact on overall organizational resilience. Finding - The research excluded SMEs outside Selangor, focusing on managerial-level respondents from the records and information system department. The findings reveal a varied landscape, with some SMEs having well-established processes while others are still in the developmental stage. Notably, the research emphasizes the importance of identifying vital records within organizations to maintain essential operations and comply with regulatory requirements. Novelty - The study also underscores the need for regular BCP revisions and effective communication strategies to disseminate plans to employees. Moreover, it highlights the significance of including expertise in BCPs to enhance disaster preparedness and mitigation efforts. Type of Paper - Research" |
| Keywords: | Business continuity plans (BCPs), records management practices, small and medium-sized enterprises (SMEs), integration of BCPs and records management and vital records. |
| JEL: | M10 M13 M19 |
| Date: | 2024–03–31 |
| URL: | http://d.repec.org/n?u=RePEc:gtr:gatrjs:gjbssr643&r=sbm |
| By: | Boeing, Philipp; Brandt, Loren; Dai, Ruochen; Lim, Kevin; Peters, Bettina |
| Abstract: | We study the evolution of patenting in China from 1985-2019. We use a Large Language Model to measure patent importance based on patent abstracts and classify patent ownership using a comprehensive business registry. We highlight four insights. First, average patent importance declined from 2000-2010 but has increased more recently. Second, private Chinese firms account for most of patenting growth whereas overseas patentees have played a diminishing role. Third, patentees have greatly reduced their dependence on foreign knowledge. Finally, Chinese and foreign patenting have become more similar in technological composition, but differences persist within technology classes as revealed by abstract similarities. |
| Keywords: | China, innovation, patents, large language model |
| JEL: | O30 |
| Date: | 2024 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:zewdip:289451&r=sbm |
| By: | Huiwen Gong (Center for Innovation Research, Business School, University of Stavanger, Norway); Bernhard Truffer (Department of Environmental Social Science, Eawag, Switzerland) |
| Abstract: | This paper investigates how leading industrial regions may maintain their leadership positions when being confronted with deep and radical transformations of their core industries. Focusing on the evolution of the German automotive sector in Baden-Württemberg over the past two decades, we introduce a theoretical framework for a layered regional architecture that weaves together regional imaginaries, innovation culture, and system change processes. We argue that in response to disruptive threats, active engagement with regional imaginaries becomes essential. The paper critiques conventional approaches in regional innovation policy for overlooking the critical role of the region's intangible facets as vantage points for policy intervention. Hence, it champions a strategy centered on actively shaping regional imaginaries while concurrently fostering the necessary cultural and tangible system transformations. |
| Keywords: | regional transformation, leading industrial regions; regional imaginaries; regional innovation culture; regional innovation system |
| Date: | 2024 |
| URL: | http://d.repec.org/n?u=RePEc:aoe:wpaper:2402&r=sbm |
| By: | Boeing, Philipp (Goethe University Frankfurt); Brandt, Loren (University of Toronto); Dai, Ruochen (Central University of Finance and Economics); Lim, Kevin (University of Toronto); Peters, Bettina (ZEW Mannheim) |
| Abstract: | We study the evolution of patenting in China from 1985-2019. We use a Large Language Model to measure patent importance based on patent abstracts and classify patent ownership using a comprehensive business registry. We highlight four insights. First, average patent importance declined from 2000-2010 but has increased more recently. Second, private Chinese firms account for most of patenting growth whereas overseas patentees have played a diminishing role. Third, patentees have greatly reduced their dependence on foreign knowledge. Finally, Chinese and foreign patenting have become more similar in technological composition, but differences persist within technology classes as revealed by abstract similarities. |
| Keywords: | China, innovation, patents, Large Language Model |
| JEL: | O30 |
| Date: | 2024–03 |
| URL: | http://d.repec.org/n?u=RePEc:iza:izadps:dp16869&r=sbm |
| By: | RADOVANOVIC Nikola; HOLLANDERS Hugo; TOLIAS Yannis; DOS SANTOS Patrice; LARANJA Manuel |
| Abstract: | Mapping exercise represents the cornerstone of the Smart Specialisation process for two main reasons: 1) it provides the evidence-based ground for identifying the preliminary priority areas for Smart Specialisation, and 2) it represents the stage where the first in-depth feedback from the key stakeholders in the proposed priority areas is received. The results of the mapping exercise are the essential input for the upcoming stakeholder dialogue stage. Tunisia has completed the mapping exercise and is about to embark on the Entrepreneurial Discovery Process journey, where the final list of priority domains and related policy actions would be proposed. This report presents the main findings on the economic, innovation and scientific potential of Tunisia, discusses the justification of the selection of preliminary priority areas for Smart Specialisation and outlines the preparatory steps to be taken for launching the stakeholder dialogue. |
| Date: | 2024–02 |
| URL: | http://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc135751&r=sbm |
| By: | Kang, Gusang (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP)); Kim, Hyok Jung (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP)); Kim, Jonghyuk (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP)); Kwon, Hyuk Ju (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP)); Sung, Won (Economic Research Institute, Bank of Korea) |
| Abstract: | 본 연구에서는 지난 20년간 미국 대형 디지털플랫폼이 수많은 중소기업을 대상으로 수행한 기업결합 행위가 해당 디지털플랫폼의 성과에 미친 영향을 혁신 및 수익성 관점에서 분석하였다. 또한 이 연구는 그와 같은 기업결합 거래 중 대형 디지털플랫폼이 자사의 잠재 경쟁자로 성장할 수 있는 혁신기업을 인수함으로써 미래 시장 경쟁을 완화하려는 목적으로 수행하는 ‘킬러 인수’를 식별하고, 해당 기업결합 행위가 디지털플랫폼의 혁신에 미친 영향을 살펴보았다. 이를 통해 본 연구는 디지털플랫폼을 대상으로 한 한국 공정거래위원회의 기업결합 심사에 대한 관련된 정책 시사점을 도출하였다. This study analyzes the impact of the large U.S. digital platforms such as GAFAM (Google, Apple, Facebook, Amazon, Microsoft) on their performance in terms of innovation and sales, focusing on their mergers and acquisitions (M&A) activities targeting numerous small and medium-sized enterprises over the past 20 years. It also identifies ‘killer acquisitions’, where these platforms acquire innovative companies that could become potential competitors, thereby potentially reducing future market competition. The study provides insights and policy implications for the Korean Fair Trade Commission’s merger review process for digital platforms. Chapter 2 reviews the literature on the relationship between M&A and innovation and discusses the motives for M&A in the digital platform market, including ‘killer acquisitions’. Traditional M&A motives such as economies of scale and scope, acquisition of unique technologies or new distribution channels, and increased market dominance are contrasted with those in the digital platform industry, which include securing core assets like technology, processes, and intellectual property. Recent literature has raised concerns about ‘killer acquisitions’ that may reduce or eliminate future competition, although the definition of ‘particularly competitive future competitors’ and the limited pre-emptive merger policy pose challenges. Chapter 3 examines the types, characteristics, and status of M&As conducted by GAFAM, categorizing them into vertical, horizontal, and conglomerate mergers. Despite the unique characteristics of the digital platform industry, most M&As have been approved by the U.S. competition authorities. However, this has led to criticism of high market concentration. Recent arguments suggest the need to actively incorporate data characteristics in assessing the competitive restraints of M&A.(the rest omitted) |
| Keywords: | Competition policy; intellectual property rights; business combination; innovation; digital platform; Killer Acquisition; competition policy |
| Date: | 2023–12–05 |
| URL: | http://d.repec.org/n?u=RePEc:ris:kieppa:2023_005&r=sbm |
| By: | Flavio Calvino; Chiara Criscuolo; Antonio Ughi |
| Abstract: | The COVID-19 pandemic caused an unprecedented global economic downturn, affecting productivity, business dynamics, and digital technology adoption. Using a comprehensive commercial database from Spiceworks Ziff Davis, this study analyses the firm-level drivers of digitalisation during the pandemic across 20 European countries. The findings show that a considerable share of firms introduced new digital technologies during the COVID-19 crisis. Notably, firms that were larger, more digitalised, and more productive before the pandemic were more likely to introduce new digital technologies in 2020 and 2021. Additionally, firms with pre-existing complementary technologies had a higher likelihood of adopting digital applications that gained momentum during the pandemic (such as digital commerce, collaborative software, cloud, and analytics). These patterns may increase polarisation among the best-performing firms and the rest of the business population. Public policy can play a key role in fostering an inclusive digital transformation in the post-pandemic era. |
| Keywords: | COVID-19, Digitalisation, Productivity, Technology adoption |
| JEL: | O33 D22 |
| Date: | 2024–04–24 |
| URL: | http://d.repec.org/n?u=RePEc:oec:stiaaa:2024/03-en&r=sbm |
| By: | Seyberth, Lilo; Overwien, Anja |
| Abstract: | Unternehmertum ist eine wichtige wirtschaftliche Quelle für jedes Land. Allerdings ist der Anteil weiblicher Unternehmer immer noch gering und in den meisten Ländern besteht eine Kluft zwischen den Geschlechtern im Unternehmertum, was bedeutet, dass Wachstumspotential ungenutzt bleibt. Wir stützen uns auf frühere Erkenntnisse in der Literatur des (Frauen-)Unternehmertums, bauen auf der Theorie des sozialen Lernens (Bandura 1973) auf und argumentieren, dass Vorbilder positiv mit dem Ziel einer Person verbunden sind, Unternehmerin zu werden. Um das aktuelle Verständnis der Förderung von Unternehmertum durch Vorbilder zu erweitern, unterscheiden wir verschiedene Arten von Vorbildern. Wir gehen davon aus, dass unterschiedliche Vorbilder unterschiedliche Auswirkungen auf die unternehmerische Absicht und das unternehmerische Verhalten von Studentinnen haben. Um diese Hypothesen empirisch zu untersuchen, stützen wir uns auf Querschnittsbefragungsdaten von 2.237 Studierenden aus 127 Hochschulen in Deutschland. Unsere Ergebnisse legen nahe, dass unternehmerische Vorbilder dazu beitragen können, Geschlechterunterschiede zu verringern, und unterstreichen die Bedeutung unternehmerischer Vorbilder sowohl für die Absicht von Frauen, Unternehmerinnen zu werden, als auch dafür, dass sie dies tatsächlich umsetzen. Bei der Untersuchung verschiedener Vorbildtypen stellen wir außerdem fest, dass es einen größeren Effekt gibt, wenn unternehmerische Vorbilder innerhalb der Familie vorhanden sind, insbesondere bei engeren familiären Bindungen. |
| Abstract: | Entrepreneurship is an important economic source for any country. However, the share of female entrepreneurs is still low with an entrepreneurial gender gap in most countries, meaning growth potential remains untapped. Relying on previous findings in the (women) entrepreneurship literature, we build on social learning theory (Bandura 1973) and argue that role models positively relate to an individual's aim to become an entrepreneur. To broaden the current understanding of role models' promotion of entrepreneurship, we distinguish different types of role models. We hypothesize that different role models have different effects on female students' entrepreneurial intention and behaviour. To investigate these hypotheses empirically, we rely on cross-sectional survey data of 2, 237 students from 127 higher education institutions in Germany. Our findings suggest that entrepreneurial role models can help reduce gender gaps, highlighting the importance of entrepreneurial role models for the intention of women to become entrepreneurs as well as them actually doing so. Investigating different role model types, we further find a larger effect for having entrepreneurial role models within the family, especially closer familial ties. |
| Keywords: | Entrepreneurship, Gender, Germany, Role Models, Social Learning Theory |
| JEL: | D91 J16 L26 M13 |
| Date: | 2024 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:umiodp:289597&r=sbm |
| By: | Leogrande, Angelo |
| Abstract: | In this article I analyzed the propensity for patenting in Italian regions through the use of ISTAT-BES data. The static analysis shows the presence of a significant gap between the northern regions and the southern regions in the period between 2004 and 2019. The econometric analysis applied with panel models highlights the relationships that the propensity to patent has with respect to the determinants of innovation systems at regional level. The results are critically discussed with economic policy recommendations. |
| Date: | 2024–03–25 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:p4exf&r=sbm |
| By: | Pimentel, Duarte; Almeida, Pedro; Cunha, Mariana Morais |
| Abstract: | Given the competitive and dynamic nature of the hospitality sector, understanding factors affecting employee retention is vital for success. This paper explores family business dynamics, by addressing the employees’ justice perceptions, turnover intentions, and resilience levels in the hotel industry. Our findings from 205 Portuguese employees challenge the belief that employees working in family firms have higher organizational justice perceptions. However, employees in family firms exhibit lower turnover intentions and higher resilience than those in non-family companies. Additionally, in family firms, organizational justice perceptions negatively correlate with turnover intentions, with employees’ resilience mediating this relationship. |
| Date: | 2024–04–01 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:gfc9e&r=sbm |
| By: | OECD |
| Abstract: | Multiple crises are triggering turbulence, instability and insecurity in contemporary societies, with impacts on economies, the environment, politics, and global affairs. An effective response will require governments to be more ambitious and act with greater urgency in their science, technology and innovation (STI) policies to meet global challenges. Sustained investments and greater directionality in research and innovation activities are needed, and these should coincide with a reappraisal of STI systems and STI policies to ensure they are “fit-for-purpose” to contribute to transformative change agendas. This policy paper provides a framework to support governments in making these assessments. It identifies six STI policy orientations for transformative change that should guide these assessments. It applies these orientations across multiple areas of STI policy, including R&D funding, the research and innovation workforce, and international R&D co-operation, and outlines a series of concrete policy actions STI policymakers can take to accelerate transformative change. |
| Date: | 2024–04–19 |
| URL: | http://d.repec.org/n?u=RePEc:oec:stiaac:164-en&r=sbm |
| By: | MATSUMOTO Kodai; OKUMURA Yota; NAKAMURA Kenta; MORIMOTO Atsushi; YUGAMI Kazufumi |
| Abstract: | We use high-quality panel data that matched administrative data on the employment of persons with disabilities with financial information on Japanese firms to examine the causal effects of the employment of persons with disabilities on firms' financial indicators and productivity, that is, not only the average effect across firms, but also the heterogeneity across various firm types. First, in most cases, we find that the employment of persons with disabilities does not have a statistically significant effect on firm performance. This result is consistent with the manufacturing literature and we show that these trends also hold true for non-manufacturing firms. Second, we do not find an extensive or intensive margin of employment for persons with disabilities, as the increased employment of persons with disabilities has no impact on firm performance, regardless of whether a firm employed persons with disabilities at the beginning of the period of analysis. Third, we observe the benefit of employing persons with disabilities among medium-sized firms with subsidiaries that specialize in this type of employment. Specifically, sales, operating income, and net income per regular employee increase as the employment of persons with disabilities increases. |
| Date: | 2024–04 |
| URL: | http://d.repec.org/n?u=RePEc:eti:dpaper:24045&r=sbm |
| By: | HOLLANDERS Hugo; TOLIAS Yannis; RADOVANOVIC Nikola (European Commission - JRC); GONZALEZ EVANGELISTA Manuel (European Commission - JRC); FABBRI Emanuele (European Commission - JRC); GERUSSI Elisa (European Commission - JRC); SASSO Simone (European Commission - JRC); MIEDZINSKI Michal (European Commission - JRC) |
| Abstract: | One of the most complex steps within Smart Specialisation is to determine genuinely promising areas in an evidence-based manner, with the help of multiple data. This is also the stage where the economies from the EU Enlargement and Neighbourhood Region lacked expertise and required support. Following the progress made by these economies in the previous period, it was possible to conduct a comparison of the methodologies used for mapping the economic, innovation, scientific, and technological potential of countries and regions, as well as reflect on the challenges encountered during the data collection process in the different territories. To achieve this goal, a technical workshop has been organized and preceded by two background documents describing the experiences in the above-mentioned countries, with a focus on collecting and interpreting economic, innovation, and scientific statistical data. Similarly, the workshop aimed to compare and evaluate methodologies used for mapping the economic and innovation potential in the countries. This was followed by a debate on how to deal with new challenges related to sustainability and non-EU territories, such as Latin America and Africa. |
| Date: | 2024–02 |
| URL: | http://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc136308&r=sbm |
| By: | Francesco Lissoni (BSE - Bordeaux sciences économiques - UB - Université de Bordeaux - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement); Ernest Miguelez (BSE - Bordeaux sciences économiques - UB - Université de Bordeaux - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement) |
| Abstract: | Research on international migration and innovation relies heavily on inventor and patent data, with "migrant inventors" attracting a great deal of attention, especially for what concerns their role in easing the international transfer of knowledge. This hides the fact that many of them move to their host country before starting their inventive career or even before completing their education. We discuss the conceptual and practical difficulties that stand in the way of investigating other likely channels of influence of inventor's migration on innovation, namely the easing of skill shortages and the increase of variety in inventive teams, firms, and location. |
| Date: | 2024–02–01 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04513336&r=sbm |
| By: | Arellano-Bover, Jaime; De Simoni, Marco; Guiso, Luigi; Macchiavello, Rocco; Marchetti, Domenico J.; Prem, Mounu |
| Abstract: | Infiltration of the legal economy by criminal organizations (OCGs) is potentially significant, though how pervasive remains uncertain. Beyond the volume, the motives driving infiltration are of serious policy concern. We introduce a conceptual framework to differentiate between OCGs’ motives for infiltrating legal firms and validate it using new data from the Italian Financial Intelligence Unit. About 2% of Italian firms appear to have links with OCGs, with three primary motives. Firms established by OCGs are predominantly used for criminal activities (functional motive). Medium-sized firms, often infiltrated post-creation, primarily reflect a competitive motive, wherein criminal activities benefit the firm. Lastly, large, well-established firms remain separate from criminal activities and are used for pecuniary and non-pecuniary returns, such as to establish political connections (pure motive). This so far unnoticed motive accounts for a substantial share of OCGs’ infiltration. |
| Date: | 2024–03–25 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:sr6ep&r=sbm |
| By: | SCHWAAG SERGER Sylvia; SOETE Luc |
| Abstract: | In October 2021, the Joint Research Centre of the European Commission set up a Scientific Committee to advise the JRC on how to best support public authorities to implement, in the words of the EC, the “largest stimulus package ever financed in Europe” aimed at rebuilding a post COVID-19 Europe which would be “greener, more digital and more resilient”. The present paper written by the two co-chairs of the Scientific Committee provides a synthesis of the many reports written over the last two years. It highlights how many of the current European policy frameworks focusing on sustainability have an essential place-based impact which requires the active involvement of local policy makers and more broadly local stakeholders. Over the last two years, the numerous “science for policy” contributions of members of the SC have been two-fold. At the very practical level, they have been instrumental in helping the JRC develop its Partnerships for Regional Innovation (PRI) Playbook: the support document with concrete policy tools for the JRC-CoR PRI pilot. At a more conceptual level, members of the SC wrote numerous reports and papers on a wide range of topics. This synthesis paper argues that the space blindness of many of the European policies aimed at transforming the EU’s economy towards the twin digital and green transitions, hampers Europe’s ability to achieve these transitions and to ensure its future resilience and prosperity. |
| Date: | 2024–03 |
| URL: | http://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc136125&r=sbm |
| By: | Jaime Arellano-Bover (Yale University/IZA/CESifo); Fernando Saltiel (McGill University/IZA) |
| Abstract: | We present evidence that is consistent with large disparities across firms in their onthe-job learning opportunities, using administrative datasets from Brazil and Italy. Wecategorize firms into discrete “classes”—which our conceptual framework interprets asskill-learning classes—using a clustering methodology that groups together firms withsimilar distributions of unexplained wage growth. Mincerian returns to experience varywidely across experiences acquired in different firm classes. Four tests leveraging firmstayers and movers, occupation and industry switchers, hiring wages, and displacedworkers point towards a portable and general human capital interpretation. Heterogeneousemployment experiences explain an important share of wage variance by age 35, thus contributing to shape wage inequality. Firms’ observable attributes only mildlypredict on-the-job learning opportunities. |
| Date: | 2024–04 |
| URL: | http://d.repec.org/n?u=RePEc:aoz:wpaper:317&r=sbm |