"Learning by Problem-solving" (at Dipartimento di Economia "S. Cognetti de Martiis") abstract We analyze the dynamics of learning by problem-solving at the job. We propose that the exposure to challenging job tasks increases skills and therefore work productivity. As a result, job complexity leads to higher wages. We test our hypotheses using a large panel of German…

"Counterfactual impact evaluation of cohesion policy at the firm level" Abstract The European Cohesion Policy is designed to reduce gaps between developmentlevels of EU regions. Consequently most scholarly research on impacts of Cohesion Policyso far focused on catching-up processes of EU regions. Newly available data, however,allow studying policy effects directly at the recipient level rather…

"Estimating Dynamic R&D Demand: An Analysis of Costs and Long-Run Benefits" (at Dipartimento di Economia "S. Cognetti de Martiis")

"How the characteristics of entrepreneurial teams shape founders’ exit path: an empirical analysis of the Italian case" (at Dipartimento di Economia "S. Cognetti de Martiis") abstract This paper examines founders’ exit from entrepreneurial ventures. Specifically, we investigate the influence of the entrepreneurial team on two different exit paths, namely sale of firm shares to internal buyers and…

"Innovation, personality traits and entrepreneurial failure"

"Restless Capitalism" abstract An insistent theme in Richard Nelson's work is that of ‘capitalism as an engine of progress’. In this paper I explore this idea through a sequence of his writing, distinguishing progress as outcome from progress as instituted process. This leads to a deeper issue within this Nelsonian theme, namely the incompatibility between…

"Creation, innovation and incentives: the case for Intellectual Property 2.0" (at Dipartimento di Economia S. Cognetti de Martiis)

"Skills, Industry Structure and Innovation: towards a research agenda"(at Dipartimento di Economia S. Cognetti de Martiis)

"Innovation and stringency of environmental regulation in waste management: a patent-based analysis" abstract This work aims at empirically testing the (narrow version of the) Porter hypothesis, by analyzing the relationshipbetween stringency of environmental regulation and innovation in a cross-country setting (EU countries) with reference to waste management, which is an increasingly important issue in the EU environmental policy agenda. To address thisquestion, patent applications from the waste management category of the WIPO…

"Turning Public into Private: How Local Social Capital Amplifies Entrepreneurs' Network for Innovation"(at Dipartimento di Economia S. Cognetti de Martiis)

"Profits, R&D and innovation. A model and a test" abstract Abstract:In this article we investigate – both conceptually and empirically – the relationships between three interconnected elements of the Schumpeterian “engine of progress”: the ability of industries’ R&D efforts to turn out successful innovations; the ability of innovations to lead to high entrepreneurial profits; the…

"IPR and interoperability standard setting. What are the determinants of blanket disclosures?" (at Dipartimento di Economia S. Cognetti de Martiis)

"Endogenous Firm Dynamics with 120 Million Agents" Sala Rossa abstract A model in which purposive agents self-organize into teams is demonstrated to closely reproduce empirical data on the population U.S. firms. There are increasing returns within teams and agents move between teams or start new teams when it is in their self-interest to do so.…

"Strategic Innovation Policy Priorities and Policy Targeting: Some Additional Remarks" (at Dipartimento di Economia S. Cognetti de Martiis)

"Temporary hires and innovative investments" (at Dipartimento di Economia S. Cognetti de Martiis)

"A Behavioral Perspective on Inventors’ Mobility: The Case of Pharmaceutical Industry"

"Waste-reducing technology adoptions: policy and geographical factors: Evidence from theItalian manufacturing sector" (at Dipartimento di Economia S. Cognetti de Martiis)

"Buying Aircraft or Zucchini? Technological Intensity of Government Demand and Innovation" (at Dipartimento di Economia "S. Cognetti de Martiis")

"Hitting the Target: Analyzing Technology Commercialization Factors" abstract Local and national governments are putting universities under constant pressure to promote economic growth. Commercialization of technology has been identified as the main mechanism by which universities can do this. The literature on technology transfer by universities focuses on internal and external factors that can positively affect…