Declines in productivity growth substantially explain new‐normal business stagnation; yet in order to address situations of slack productivity growth, firms can choose from six generic transformational strategies: retirement, renewal, retrenchment, replication, redeployment, and recombination. While the extant literature focuses on specific transformational strategies that particular firms, or industries, ...
This study examines the effect of a soft commitment device in the form of a savings goal calendar on savings for small business owners in Kampala, Uganda. We run a randomized controlled trial (RCT) under which the treatment group receives a calendar designed to set savings goals and to make a plan to reach this goal. The control group is given a plain calendar. We find no average effect on savings, ...
We investigate patterns in common ownership networks between firms that are active in the US pharmaceutical industry for the period 2004-2014. Our main findings are that “brand firms” — i.e. firms that have R&D capabilities and launch new drugs — exhibit relatively dense common ownership networks with each other that further increase significantly in density over time, whereas the network of “generic ...
Das erneute Aufflammen der Corona-Pandemie setzt dem Wirtschaftsaufschwung in Deutschland vorerst ein Ende. Die rasant steigenden Infektionszahlen verunsichern VerbraucherInnen und Unternehmen weltweit, zudem haben viele europäische Regierungen, auch Deutschland, erneute Einschränkungen des Wirtschaftsgeschehens beschlossen, um die zweite Infektionswelle zu stoppen. Dies dürfte Berechnungen des DIW ...
Angesichts der Alterung der Gesellschaft und der hohen Kosten für die Unterstützung und Pflege in privaten Haushalten stellt sich die Frage, welche Rolle assistive Roboter spielen können. Dieser Beitrag richtet sich auf die Frage, inwieweit Roboter in der Pflege heute von der erwachsenen Bevölkerung in Deutschland akzeptiert werden. Und inwieweit beeinflussen Geschlecht, Alter und Erfahrung (beruflich, ...
We investigate the dimensions through which R&D spillovers are propagated across firms via cooperation through Research Joint Ventures (RJVs). We build on the framework developed by Bloom et al. (2013) which considers the opposing effects of technology spillovers and product market rivalry, and extend it to account for RJVs. Our main findings are that the adverse effects of product market rivalry are ...
We fit CES and VES production functions to data from a numerical bottom-up optimization model of electricity supply with clean and dirty inputs. This approach allows for studying high shares of clean energy not observable today and for isolating mechanisms that impact the elasticity of substitution between clean and dirty energy. Central results show that (i) dirty inputs are not essential for production. ...
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